Credit for agreement with IMF goes to PM: Miftah Ismail

Business Jul, 13 2023
Credit for agreement with IMF goes to PM: Miftah Ismail
  • 299
  • 0

ISLAMABAD: Former Finance Minister Miftah Ismail said credit of agreement with IMF goes to Prime Minister Shehbaz Sharif. "He talked to US in connection with IMF programme", Miftah said in statement issued here said. He said that way of working of government is so outdated that no work can be done.

Pakistan was saved from going default due to IMF programme, he said adding 3 governments will come during IMF programme. Present government, caretaker government and next government will implement IMF programme. Government needs to further increase electricity and gas prices. 

Under IMF programme, there is no room for any mistake now. We will have to abide by what agreement has reached with IMF.  As per agreement tariff of gas and electricity will have to be increased. Be it present government or caretaker government they will have to scale up tariff. There is no other way except increasing tariff to curtail deficit, he remarked.

NC Big Stories

Sindh govt started world's largest housing project: Sharjeel Memon

KARACHI: Sindh's Senior Minister Sharjeel Inam Memon stated yesterday he met with transport officers in Hyderabad with various delegations, discussing various issues including heavy traffic. A meeting was held with the World Bank delegation in Karach...

PM Shehbaz's Azerbaijan visit aims to strengthen bilateral ties

BAKU: Prime Minister Muhammad Shehbaz Sharif arrived in Baku yesterday for a two-day official visit to Azerbaijan. Upon arrival at Heydar Aliyev International Airport, the prime minister was warmly received by senior Azerbaijani officials, including...

TTAP leaders strongly condemn PECA Act, says unity 'need of the hour'

KARACHI: In a united front against the government, leaders of Tehreek-e-Tahafuz-e-Aein Pakistan have denounced the PECA Act, calling it a draconian law that stifles freedom of expression. The leaders, including Mahmood Khan Achakzai, Salman Akram Raj...

Sindh political party clashes with Karachi police, but why?

KARACHI: A rally led by the Jeay Sindh Qaumi Mahaz (JQSM) which started from Sukkur culminated outside the Karachi Press Club on Sunday evening, with speakers demanding the end of the six canals project, corporate farming and the alleged forced conve...

More like this
Related

IMF confirms Pakistan visit for $7bln loan review

ISLAMABAD: The International Monetary Fund (IMF) has confirmed that a delegation will visit Pakistan in mid-March to review the country's $7 billion loan program. According to an IMF representative, the delegation will engage with Pakistani authorit...

FinMin discusses investment with MIGA delegation

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, chaired a meeting with a delegation from the Multilateral Investment Guarantee Agency (MIGA) at the Finance Division. The discussions focused on enhancing investment opp...

PM sets $60bn export target, orders strategy

ISLAMABAD: In a bid to drive export-led economic growth, Prime Minister Shehbaz Sharif has directed authorities to devise a comprehensive and effective strategy to achieve the target of $60 billion in exports over the next five years. Chairing a high...

IMF, govt teams set to discuss energy reform strategy

ISLAMABAD: On Tuesday, teams from the International Monetary Fund (IMF) and the Pakistani government will meet to discuss several measures aimed at improving the country's energy sector and addressing climate change commitments. One of the key topics...
Need Help? Chat with us