The IMF has demanded the government increase the tariff of gas and electricity and impose tax on pensioners.
The International Monitory Fund – a global lender—issued fresh suggestions to the Pakistan government under its debt program.
The government was asked to bring into tax network those pensioners who receive more than Rs1.2 million annual pension from national exchequer. Both retired civil and military officers fall under the category, as per media reports.
https://www.dawn.com/news/1832835/taxing-pensions
Similarly, the IMF demanded the government announce gas tariff after each six months, removing the current slab system. The global lender advised the government issued customers monthly bills on the basis of uniform tariff.
The IMF has also called for removing all kind of subsidies on electricity tariff including on tube-wells.
The agriculture tube-well in all provinces are currently being charged bills costing low tariff and the government almost provided Rs 1.2 trillion subsidy to the sector.
The government was also asked to control electricity theft and line losses. The other main problem facing the power sector is the circular debt which is hovering around Rs2600 billion. The IMF demanded the government resolve the circular debt problem and also end disparities in gas billing to different sectors. The government, according to sources, has assured the IMF that it would implement reforms. An official told The Opinon that the government has to implement the so-called reform agenda forwarded by the IMF for the survival of the economy.
https://tribune.com.pk/story/2460765/rs12tr-sought-for-power-subsidies
