Pakistan Aims to Complete Next IMF Review by September
Electricity and telephone cables on I.I. Chundrigar Road in Karachi, Pakistan.
Photographer: Asim Hafeez/BloombergThis article is for subscribers only.
Pakistan, currently under a bailout program with the International Monetary Fund, aims to complete its next review with the lender by September, according to Finance Minister Shaukat Tarin.
Officials are renegotiating with the IMF to avoid raising income taxes and electricity tariffs, Tarin said at a post-budget news briefing on Saturday. The finance minister said last month that Pakistan is going to propose alternate terms to the IMF to increase revenue and reduce energy debt.