The International Monetary Fund (IMF) and Pakistan are currently holding policy-level talks that center on important economic changes, especially in the gas industry.
According to sources, the conversations cover a thorough analysis of tariff modifications, steps to lower revolving debt, and more extensive reforms for the energy industry. Starting in August, there will probably be a large hike in gas rates that will affect a number of industries and sectors, such as the cement industry, CNG stations, household users, and the manufacture of fertilizer.
The IMF has been informed of the planned proposal, which calls for a significant increase in gas prices for both covered and non-protected users, with prices ranging from Rs100 to Rs 400. Nonetheless, the plan recognizes the vital role that commercial roti tandoors play in delivering affordable meals, so it exempts them from any pricing increases.
