Govt set to increase gas price next year
Business
Govt set to increase gas price next year
ISLAMABAD (Dunya News) – The government is all set to increase the gas prices in 2024 amid the major energy policy shift conveyed to the IMF.
Interim Finance Minister Dr Shamashad outlined the ongoing fiscal strategy, with decision pending on additional taxes for the sectors like real estates.
Priority is given to the achievement of the Federal Board of Revenue (FBR) revenue target of Rs9,415 billion.
The issuance of a $1.5 billion international bonds is deferred until an agreement with the IMF enhances the country’s rating.
Dr Shamsahd highlighted the potential support, including $2 billion from the World Bank and $ 1billion from various other developmental banks,
Read more:Majority of state-owned enterprises fail to deliver: Dr Shamshad Akhtar
While highlighting the economic improvements, she emphasised the need of continuing the IMF programme for a sustainable progress, making the completion of the $3 billion programme a key objective.
