Tue, 21-Oct-2025

Miftah agrees with IMF recommendations to reduce fuel subsidies

Miftah agrees with IMF recommendations to reduce fuel subsidies

WASHINGTON: Country’s new finance minister Miftah Ismail on Friday agreed with IMF recommendations to reduce fuel subsidies and end a business tax amnesty scheme, pledging to pursue structural reforms to boost a crisis-wracked economy. The International Monetary Fund (IMF) in 2019 approved a $6 billion loan over three years for Pakistan but disbursement has been … Read more