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ISLAMABAD: Additional measures will be needed to bring Pakistan’s budget for the year 2022-23 in line with the key objectives of its International Monetary Fund programme, the lender’s resident representative in Islamabad said.
“Our preliminary estimate is that additional measures will be needed to strengthen the budget and bring it in line with key programme objectives,” Esther Perez Ruiz told Reuters.
Pakistan unveiled a 9.5 trillion budget for the next fiscal on Friday aimed at tight fiscal consolidation in a bid to convince the IMF to restart much-needed bailout payments.
Published in Dawn, June 14th, 2022
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Comments (16) Closed
Jun 14, 2022 10:24am
In simple speak more petrol price hikes and power tariff increases
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Jun 14, 2022 10:36am
In other words: Do More
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Jun 14, 2022 11:07am
Need to do more.
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Jun 14, 2022 11:54am
Pakistan has to show fiscal responsibility
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Jun 14, 2022 11:58am
Do more........
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Jun 14, 2022 12:04pm
How come IMF is not concerned with the root cause of our financial problems i.e current account (USD) deficit to the tune of 45 Billion USD annually, and disproportionately large imports which we cannot afford? IMF never asked Pakistan to not exceed its foreign currency income while permitting imports. Actually, they were unhappy over ban on luxury imports by this govt to reduce dollar outflows. What this indicates that IMF wants to keep Pakistan alive but perpetually sick and dependent upon IMF
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Jun 14, 2022 12:41pm
IMF is looking in the mood to CHOKE middle and poor class Pakistani house hold's spending.
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Jun 14, 2022 12:58pm
IMF's motive is not to strengthen the economies of the Countries. It is intended to make the Countries their financial slaves and have them fulfill US' motives. Name me 1 Country that benefited from IMF's package to rebuild their economy. That is why a Country like India said good bye to IMF in 1991.
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Jun 14, 2022 01:00pm
Enough of Free lunch every day
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Jun 14, 2022 01:26pm
Masters demand and their slaves obliged
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Jun 14, 2022 02:13pm
Thank you, Neuterds!
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Jun 14, 2022 02:28pm
Squeeze the people and put them into the grinder can fulfill the terms and conditions of the IMF loan!
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Jun 14, 2022 03:44pm
Thank you neutrals & Judiciary. IMF put similar conditions on PTI govt but IK did what he wanted. This angered IMF & US, the main contributor to IMF. With growing remittance export & record tax collection, IK govt was planning to pay off all debts within next 5 years, which was not acceptable to IMF & US.
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Jun 14, 2022 05:00pm
The IMF is not a charitable organisation. They are the lenders to the world and are only looking to lend to countries who they think can pay them back. The sooner you guys understand this, the better. If you don't like their terms, then don't approach them for loans. They are not forcing you to borrow from them.
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Jun 14, 2022 05:48pm
"Do more," the same old statement of IMF. For sure, old habits die hard.
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Jun 15, 2022 05:43am
beggars can not be choosers. Bring the looted money back.
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