Negotiations with the IMF, gasoline, diesel and electricity will probably become more expensive – newspaper AusafTAZAA News

ISLAMABAD (News Desk) Several aspects were discussed in the technical level talks between Pakistan and the International Monetary Fund (IMF), including increasing the price of petrol, diesel and electricity and increasing the rate of sales tax. technical

Level-level talks have ended on the fourth day, drafts of talks have been prepared, which will be discussed further in the political-level talks. The IMF has been proposed to cut costs of billions of rupees. the cessation of subsidies in various sectors has also been discussed, the increase in sales tax and collection of gasoline has been discussed in technical discussions, while the IMF has also demanded a tax on diesel. The IMF has been subsidized, including considering various proposals to ease the pressure on foreign payments. Sources further said that the IMF’s proposal to raise the sales tax rate from 17 to 18 percent and end sales tax rebates to Rs 110 billion. However, the Prime Minister will take the final decision on all difficult proposals.