The International Monetary Fund (IMF) has expressed satisfaction with recent measures taken by the Pakistan government, paving the way for a new loan program.
According to the details, Pakistan hopes to secure a new IMF loan program in July, following the approval of the budget for 2024-25, which was prepared under IMF conditions, fulfilling one of the major requirements set by the international lender.
Sources indicate that the government is continuing to meet other conditions set by the IMF. Efforts are underway to increase the basic electricity tariff in accordance with NEPRA’s decision, with the new rates expected to be implemented in July. Additionally, the timely implementation of monthly and quarterly electricity adjustments is being carried out.
