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29/03/2023
The International Monetary Fund (IMF) has rejected the initial proposal of a proposed petrol subsidy presented by the government of Pakistan.
According to sources, the IMF has strongly objected to the government's scheme of cheap petrol for motorcycles and vehicles below 800 cc. He emphasized on preparing a plan.
The IMF has asked the government to come up with a comprehensive plan on the subsidy of the cheap petrol scheme, the number of consumers and the loss of the scheme, urging the government of Pakistan to provide more effective targeted subsidies to the poor Is.
