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IMF satisfied with Pakistan’s performance: Ishaq Dar

IMF satisfied with Pakistan’s performance: Ishaq Dar

Minister for Finance Ishaq Dar said on Sunday that the International Monetary Fund (IMF) was fully satisfied with the performance of Pakistan.

Addressing a joint press conference along with the officials of the IMF in Dubai‚ Ishaq Dar said Pakistan’s economic growth was encouraging and that tax collection had risen by 26 percent in January.

The minister said energy crisis persists in the country and that the load-shedding was being carried out as per schedule. He said load-shedding issues will improve with the change in weather.

“Power tariff was not raised for the consumers utilising up to 200 units,” he said, adding that the government was providing Rs151 billion subsidy to various sectors.

The minister said the government was also taking steps to stop power-theft in the country. He said power-theft and leakage was recorded at 27 percent.

The minister said the government has approved the energy policy by which it is ensuring the smooth supply of electricity to the industry despite shortfalls.