IMF discussing electricity tariffs revisions with Pakistan

KARACHI: The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund told Reuters, adding that the burden of the revisions should not fall on middle- or lower-income households.

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“The ongoing discussions with the authorities will assess whether the proposed tariff revisions are consistent with these commitments and evaluate their potential impact on macroeconomic stability, including inflation,” it said in its statement.