Gas, electricity tariff may hike as IMF sets 11 new conditions for Pakistan

Gas, electricity tariff may hike as IMF sets 11 new conditions for Pakistan
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Summary IMF sets 11 new conditions for Pakistan, including gas and electricity tariff hikes, NAB reforms; warns Iran conflict may fuel inflation, while acknowledging economic recovery progress

ISLAMABAD (Dunya News) – The International Monetary Fund (IMF) has set 11 new conditions for Pakistan as part of its ongoing financial program, bringing the total has imposed number of conditions to 55.

According to the IMF’s latest review report, the new conditions aimed to strengthen budget discipline, improve the tax system, and boost the overall economy.

The report outlined that gas tariffs will be adjusted in July 2026 and February 2027, while electricity rates will be revised in January 2027. Another key requirement involves enhancing the independence and transparency of Pakistan’s National Accountability Bureau (NAB).

While Pakistan has successfully met most of its financial targets, the IMF noted that some tax reforms and objectives remain incomplete. The report also highlighted uncertainties in the country’s economic trajectory, warning that the ongoing conflict in Iran could exacerbate inflationary pressures and impact economic growth and payments.

On a positive note, the IMF acknowledged Pakistan’s progress in economic recovery. GDP growth accelerated in the first half of the fiscal year, the current account deficit remained balanced, inflation was under control, and foreign exchange reserves performed better than previous estimates.
 

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