Asad Umar Agrees To IMF's Condition To Further Increase Electricity Prices

[Fat Amigo]

ISLAMABAD: Pakistan has agreed to the International Monetary Fund’s condition to raise the electricity rates, sources informed on Tuesday.

According to sources, out of the four major points in the bailout package, Pakistan and the IMF have come to agreement on two of them.

Pakistan has not agreed to the IMF’s demand about the revenue gathering targets, sources said.

Pakistan put forth its stance saying that the current year the tax collection target will not be raised from Rs4400 billion. Sources said that the IMF had asked Pakistan to raise the target to Rs4700 billion.

Pakistan has also turned down the demand to raise the interest rate up to 13 per cent on bank loans, saying that it could be detrimental to its economy.

Meanwhile, Pakistan has said it will continue its policy to control currency value, to which the IMF agreed, said the sources.

Pakistan is awaiting a response from the IMF, as a delegation will likely visit the country in the first week of January. In case the delegation cannot pay a visit to Pakistan, negotiation will take place through a video conference.

https://www.geo.tv/latest/223107-pakistan-agrees-to-imfs-condition-of-raising-electricity-tariff

آئی ایم ایف سے بیل آوٹ پیکج لینے کیلئے تبدیلی سرکار نے بجلی مہنگی کرنے کا مطالبہ تسلیم کر لیا، روپے کی قدر میں کمی اور پالیسی ریٹ پر مزید مذاکرات بھی ہوں گے ۔

حکومت پاکستان نے آئی ایم ایف سے قرض لینے کیلئے مذاکرات میں بعض شرائط پر اتفاق کرلیا، توانائی شعبے میں نقصانات میں کمی سمیت ضروری اصلاحات کے ساتھ بجلی مزید مہنگی کرنے کی تیاری کر لی گئی 300 جبکہ ارب سے زائد گردشی قرض سے نمٹنے کیلئے سکوک بانڈز بھی جاری کیے جائیں گے ۔

روپے کی قدر مزید گرانے اور پالیسی ریٹ بڑھانے کا معاملہ فی الحال طے نہ پانے کی اطلاعات ہیں، آئی ایم ایف نے ٹیکس محاصل بڑھا کر 4700 ارب روپے تک لے جانے کا مطالبہ بھی کر دیا ہے، جس کیلئے پارلیمنٹ میں منی بجٹ لانے کی تیاری بھی کرلی گئی ہے ۔

آئی ایم ایف سے مذاکرات کا اگلا دور جنوری کے اوائل میں ہوگا، جس کیلئے عالمی مالیاتی ادارے کی ٹیم کا دورہ پاکستان متوقع ہے جبکہ وزیر خزانہ اسد عمر پہلے ہی کہہ چکے ہیں کہ حکومت 12 ارب ڈالر کا خسارہ پورا کر چکی، اب آئی ایم ایف سے قرض لینے کی کوئی جلدی نہیں ۔

https://www.samaa.tv/urdu/pakistan/2018/12/1381382/​

 

[Walter]

When I read Geo news and Sources I stopped reading.

 

[PakistanRoshanMustaqbil]

When I read Geo news and Sources I stopped reading.

I saw "Fat Amigo" and didn't even start reading.

 

[disgusted]

Asad Umar has to agree. What is the alternative? The amount of money laundered and embezzled during the last decade and with every big Motorway and other big projects mortgaged by the Fudging specialist Samdi Dar be thankful for a small increase in Electricity prices, If Shar and Zar were still in power at the federal level they would have probably sold all Pakistan by now.

 

[Walter]

I saw "Fat Amigo" and didn't even start reading.

I'll keep this in mind ;) thanks

 

[insouciant]

Who is this guy called "our correspondent" and "sources". Bohat hi cheetah aur humble banda hai yeh. :LOL: Breaks every other news and still doesn't show himself to take the credit when in this cut-throat media industry every other person is dying to put his name on a breaking news! :rolleyes:

 

[insouciant]

https://www.geo.tv/latest/223107-pakistan-agrees-to-imfs-condition-of-raising-electricity-tariff


ISLAMABAD: Pakistan has agreed to the International Monetary Fund’s condition to raise the electricity rates, sources informed on Tuesday.

According to sources, out of the four major points in the bailout package, Pakistan and the IMF have come to agreement on two of them.

Pakistan has not agreed to the IMF’s demand about the revenue gathering targets, sources said.

Pakistan put forth its stance saying that the current year the tax collection target will not be raised from Rs4400 billion. Sources said that the IMF had asked Pakistan to raise the target to Rs4700 billion.

Pakistan has also turned down the demand to raise the interest rate up to 13 per cent on bank loans, saying that it could be detrimental to its economy.

Meanwhile, Pakistan has said it will continue its policy to control currency value, to which the IMF agreed, said the sources.

Pakistan is awaiting a response from the IMF, as a delegation will likely visit the country in the first week of January. In case the delegation cannot pay a visit to Pakistan, negotiation will take place through a video conference.

You are very cute! Some of my friends have turned away from PMLN and PPP after seeing baseless efforts from peeps like you! Keep up the good work! (y)

 

[jeelu]

Yeh fat amigo mujay hassan ya hussain nawaz mein say koi lagta hai lol

 

[jeelu]

Why are people so surprised at this waise ? Imf always puts out demands on their loans and every govt has met those demands to take all those previous loans too .. and wasnt it pmln who were in a rush for us to go to imf? :/

 

[GreenMaple]

Insert the electric hair curler up in the rear end of these bas'tards who raped the country mercilessly, and keep upping the temperature until they start smoking. See how quickly they spill the looted billions. No need to go to IMF after that.

 

[tahirmajid]

Asad Umar totally failed. No change. Situation is more worse than Nooras era. Before 4000-6000 bill was in summer and now same bill in winter. Don't know what they will do in next summer with the nataion

 

[sawan1]

اس حکومت نے ریاست مدینہ بنانے کے لیے جو کام کیے پی ٹی آی والے بھای مینشن کریں ​

 

[Salman Mughal]

اس حکومت نے ریاست مدینہ بنانے کے لیے جو کام کیے پی ٹی آی والے بھای مینشن کریں ​

Daaacccooonkooon aur Lutairon ko Bambooo

 

[Anonymous Paki]

When I read Geo news and Sources I stopped reading.

perfectly summed up

 

[Shazi ji]

Asad Umar is idiot.He should have taken all these measures at once.Increasing prices and putting more taxes one after another will not only cause public resentment but will also hurt economy.

Valid point but few people will understand u although u are making sense for this most IDIOTIC Asad Omar a real YOUTHIA

 

[asadqudsi]

اسد عمر کی کیفیت کچھ ایسے ہےآج کل

امیرشہرنے کاغزکی کشتیاں دے کر
سمندروں کے سفر پر کیا روانہ ہمیں

 

[akinternational]

ye sahab bohot bakwas karte the.....aaj tak kya kiya in sb yaani DAAR+ ne, siwai tax lagane ke, menhgai karne ke aur overseas Pakistani per 2 fon lane per tax.....khwah wo visit ke liye hi aana chahte hon...