IMF slams brakes on Punjab’s electricity subsidy plan amid new conditions D_Trends
ISLAMABAD: The International Monetary Fund (IMF) has imposed a series of stringent new conditions on Pakistan in response to Punjab’s “fiscally reckless” decision to grant Rs45 to Rs90 billion in electricity subsidies over two months. Government sources revealed on Monday that the global lender has demanded an immediate halt to these subsidies and set forth … Read more