The government of Pakistan has prepared a new five-year auto sector policy aimed at reducing import tariffs, restructuring duties and opening the vehicle market by 2030. Officials say the plan is being developed in consultation with the International Monetary Fund under ongoing economic reform commitments linked to the country’s financial programme. Under the proposed budget […]
IMF Pakistan deal
Pakistan raises power tariffs under IMF subsidy cap
Pakistan has assured the IMF it will raise electricity tariffs and cap subsidies at 830 billion rupees. The move aims to stabilize public finances amid global energy shocks and fiscal pressure. Consumers and businesses across the country will face higher power costs under the new policy. The government made the commitment during engagement with the […]