IMF rejects Pakistan’s circular debt management plan, calls for increase in electricity tariff in range of Pakistani Rupees
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The International Monetary Fund (IMF) review mission has rejected Pakistan's revised Circular Debt Management Plan (CDMP). It has called on the Pakistan government to increase the electricity tariff in the range of Pakistani Rupees (PKR) 11-12.50 per unit to restrict the additional subsidy at PKR 335 billion for the current fiscal year, The News International reported.
