Strict IMF conditions against Pakistan seeking 6 6 billion loan


- Being on the gray list, it is difficult to take a loan to Pak

- Tax on petrol-diesel, hike in electricity prices, conditions of task force to curb corruption

Islamabad: Pakistan is becoming economically poor. As a result, he is now forced to take loans from other countries. The IMF, which has put Pakistan on the gray list due to terrorism, has asked Pakistan to approve the loan.

Strict conditions have been set for Pakistan to approve the 3 billion loan, which includes raising electricity bills and imposing taxes on petroleum products. The International Monetary Fund (IMF) has also called on Pakistan to implement an anti-corruption task force that will be used to review existing laws that could help curb corruption.

In particular, the IMF has asked Pakistan to set up a task force to curb corruption in government departments.

Pakistan recently signed an agreement to take a loan. According to Pakistan's Dawn newspaper, the IMF will consider approving the loan only after the conditions set before Pakistan are met. This whole process can take up to a month more.

Comments