ISLAMABAD: The caretaker government will have to take tougher decisions to continue the International Monetary Fund (IMF) program with strict conditions.
According to the details, in the next few days, the caretaker government will take over the running of the country, but the biggest challenge for the caretaker government will be to manage the economy surrounded by problems, difficulties and crises.
The caretaker government will have to take tough decisions to continue the IMF program with strict conditions.
In his farewell address yesterday, Prime Minister Shahbaz Sharif said that the IMF program was necessary for the country, without it, Pakistan would have faced many challenges including foreign exchange reserves.
Perhaps this is the reason why the government, as it departs, has once again burdened the people with an electricity price hike, and further increased the monthly fuel price adjustment for electricity by an additional Rs. 1.25. Meanwhile, for the people of Karachi, electricity has been made more expensive at Rs. 2.18 per unit.
Nepra has issued a notification of price hike for one month, applicable on August bills.
