IMF Demands: Pakistan Fuel & Power Price Hikes Loom
A staggering $1.2 billion disbursement from the IMF offers Pakistan a temporary reprieve, but at a cost that could reshape the nation’s economic landscape. The staff-level agreement, while crucial, is predicated on demands that will likely translate into significant increases in fuel and energy prices – a move poised to exacerbate existing inflationary pressures and … Read more