The International Monetary Fund has agreed not to proceed with a proposed increase in taxes on solar panels in Pakistan. The decision matters because it directly affects energy prices and household affordability. Consumers, importers, and the renewable energy sector are directly impacted by the move. According to official sources, the agreement followed discussions between Pakistan […]
Pakistan IMF negotiations
IMF seeks higher petroleum levy target
Pakistan and the International Monetary Fund continued budget negotiations as both sides discussed key economic targets for the next fiscal year. Meanwhile, the IMF recommended an 18 percent increase in the petroleum levy target to boost government revenue. Currently, the levy on petrol stands at 108 rupees and 17 paisas per litre. Moreover, the IMF […]