Islamabad: Caretaker Finance minister Dr Shmashad Akhtar has said that Gas prices will increase again in January 2024. While no decision has been taken to impose additional taxes on various sectors
According to the Caretaker finance minister Dr. Shamshad Akhtar, the IMF has been informed about the tariff revision plan of the energy sector, while no decision has been taken to impose additional taxes on various sectors, including real estate and retailers. Dr. Shamshad Akhtar said that the government has delayed the decision to issue 1.5 billion dollars of international bonds.
The Caretaker finance minister said that in the fiscal year, the World Bank will give 2 billion dollars to Pakistan.1 billion dollars from Asian Development Bank (ADB), Islamic Development Bank. It is important to stay in the IMF program, at this time the completion of the 3 billion dollar program is a priority.
In response to a question in the briefing, the Secretary of Finance said that Pakistan will not face external financing gap. He said that Instead of increasing electricity prices, revolving credit will be stopped. If there is any shortfall in tax revenue, then additional measures will be taken.
