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- The International Monetary Fund (IMF) has set conditions for Pakistan to achieve a staff-level agreement123. These conditions include13:
- A market-based exchange rate
- An increase in electricity and gas prices
- Additional taxes to contain the fiscal deficit
- Revision of the budgetary framework for 2023-24 before it is passed in parliament2
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Pakistan government has reportedly agreed to implement all four IMF conditions following the interactions on the sidelines of the Geneva conference. The major IMF conditions include a market-based exchange rate, an increase in electricity and gas prices, and additional taxes to contain the fiscal deficit.gulfnews.com/world/asia/pakistan/pakistan-ready-t…The International Monetary Fund has called on Pakistan to revise its budgetary framework for 2023-24 before it is passed in parliament in order to achieve a staff-level agreement. The IMF has said that without changes, the agreement with Pakistan cannot be reached. IMF asks Pakistan to revise budget as deadline looms.www.livemint.com/news/world/imf-puts-fresh-condit…The IMF asked Pakistan to increase the GST rate to 25 percent on consumer goods for additional revenue, and further asked for a repayment plan to fulfill the staff-level agreement for the next loan tranche. The global lender further asked Pakistan to liberalise exchange rate.en.dailypakistan.com.pk/01-Mar-2023/imf-slaps-fou…The IMF conditions are likely to have a significant impact on the Pakistani economy. Raising taxes and reducing energy subsidies will likely lead to higher inflation and slower economic growth. Raising interest rates will also make it more expensive for businesses to borrow money, which could further slow economic growth.sarmaaya.pk/learn/article/imf-sla-pakistan-2023 - People also ask
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