Pakistan Ends Blanket Electricity Subsidies in Deal With IMF

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Pakistan has promised the International Monetary Fund (IMF) to end all untargeted electricity subsidies for residential consumers as a condition of a new $1.2 billion…

Rs1.079 Trillion Power Sector Subsidy Likely in FY2025-26 Budget

2 min read

ISLAMABAD: The federal government is expected to allocate a power sector subsidy of Rs1.079 trillion (Rs1,079 billion) for the fiscal year 2025-26 budget, according to…

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