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IMF Rejects Pakistan’s Debt Management Plan, Calls It Unrealistic | English News | Mirror Now
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February 2, 2023
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Feb 2, 20232:07Now PlayingAccording to the latest update on Mirror Now, Pakistan's revised Circular Debt Management Plan has been rejected by the International Monetary Fund (IMF) (CDMP). The World Bank has urged Pakistan's government to raise electricity tariffs to PKR 11-12.50 per unit in order to cap the additional subsidy at PKR 335 billion for the current fiscal year. The increase in electricity rates, according to a report, is intended to reduce losses in the cash-strapped power industry. Following discussions in Pakistan by an IMF delegation, the two parties are expected to reach an agreement on personnel levels. Watch the video to know more!
#pakdebtmanagement #IMFrejectspakdebtplan #pakistanlatestnews
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