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Pakistan PM seeks IMF nod to cut fuel levies as Iran conflict lifts oil prices
ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif has asked the finance ministry to seek the removal of fuel levies from the International Monetary Fund to cushion consumers from rising oil prices driven by the Iran conflict, a senior member of Sharif’s cabinet said on Wednesday. The move highlights Islamabad’s attempt to shield households from higher fuel costs while remaining bound by conditions under its $7 billion IMF bailout program, which limits subsidies and requires fiscal discipline.
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Pakistan PM seeks IMF nod to cut fuel levies as Iran conflict lifts oil prices
ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif has asked the finance ministry to seek the removal of fuel levies from the International Monetary Fund to cushion consumers from…
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