Canada Global (Web News) The IMF has expressed concern over the non-increase in gas prices since July 1. According to sources, the IMF has demanded that the Ministry of Finance convenes a meeting of the Economic Coordination Committee to discuss gas prices. Give immediate approval to price hikes.
Also read this
Cut costs, privatize institutions, IMF calls for caretaker government
Sources said that a meeting of the Economic Coordination Committee has been convened on Monday to raise gas prices on the demand of the IMF, while a summary of the price hike has been shared with the IMF by the Power Division. IMF says that not increasing gas prices is a violation of the agreement.
read more
Relief in electricity bills, Ministry of Finance has sent a new plan to the IMF
Sui gas companies have suffered a loss of 46 billion rupees due to the non-increase in gas prices since July 1. In this regard, the sources have further informed that the IMF recovered the loss of 46 billion rupees from July to September. It has been proposed that Caretaker Finance Minister Dr. Shamshad Akhtar will return from China today after attending the Belt and Road Conference.
