The International Monetary Fund (IMF) on Thursday rejected Pakistan government's circular debt management plan and asked the authorities to raise the electricity tariff by Rs 12.50 per unit as talks begin on a potential bail out.
The electricity tariff raise is to restrict the losses of the cash-bleeding power sector, a report said.
An IMF mission is currently in Pakistan holding talks after which a staff-level agreement is expected between the two sides.Subscribe to India Today for NEW VIDEOS EVERY DAY and make sure to
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