ISLAMABAD: Pakistan has promised the International Monetary Fund (IMF) that it will increase its policy rate by 2% in order to meet the requirements set by the financier in order to restart the loan program.
Virtual negotiations with the IMF proceeded until late at night, according to sources with knowledge of the development, and IMF officials were “painstakingly reviewing” every aspect.
The sources stated that Pakistan, whose policy rate is presently at 17%, “has agreed to raise it by 2%.”
The sources also stated that the specifics of the power sector reforms are being finalized and that an agreement at the staff level will be signed following the resolution.
The power sector has continued to be a challenge because it has turned into one of the primary roadblocks.
Hello btrams.com administrator, Excellent work!
Dear btrams.com owner, Thanks for the well-structured and well-presented post!
Hello btrams.com webmaster, Your posts are always well-written and easy to understand.
To the btrams.com administrator, Your posts are always well-supported by facts and figures.
Hi btrams.com administrator, Thanks for the in-depth post!
Hello btrams.com admin, You always provide useful tips and best practices.
Hi btrams.com owner, You always provide practical solutions and recommendations.
Hi btrams.com webmaster, Your posts are always a great source of information.
To the btrams.com owner, You always provide great examples and real-world applications.
Dear btrams.com administrator, You always provide practical solutions and recommendations.
Hi btrams.com admin, Your posts are always well-written and easy to understand.
Hello btrams.com administrator, Thanks for the educational content!
Hello btrams.com admin, You always provide useful links and resources.
Hello btrams.com owner, Your posts are always well written.