Islamabad: The talks between Pakistan and the IMF have been successful, a declaration has also been issued in this regard.
The IMF statement said that Pakistan has achieved all the economic targets, the IMF Executive Board has been recommended to issue a loan installment of 70 million dollars.
In the declaration, it is said that Pakistan has timely increased the prices of electricity, inflation is likely to decrease in the next few months in Pakistan.
The IMF says that Pakistan has taken timely measures as per the agreement, Pakistan needs more measures to control the fiscal deficit.
Through the loan program, Pakistan will reduce expenditure, employment opportunities in Pakistan will be increased, losses of government institutions of Pakistan will be reduced.
Read More: IMF is satisfied with the work of SIFC: DR Jehanzeb
In addition, the sources say that in the last phase of the policy negotiations between Pakistan and the IMF, almost all the points were agreed upon.
According to the sources, the caretaker government will not increase the basic electricity tariff, there will be no increase in the basic electricity tariff till March.
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