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Pakistan nearly doubles gas prices to meet IMF bailout terms

Summary by Ground News
The government's bid to revive a $6 billion bailout from the International Monetary Fund hiked the price of natural gas from 16% to 112%. A similar increase in the prices of electricity is expected to be announced this week. A critical $1.2 billion portion of the 2019 bailout has been stalled since December, with the IMF urging Pakistan to raise more cash.

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  • 50% of the sources are Center
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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, February 14, 2023.
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