Virtual discussions between Pakistan and IMF are ongoing as both sides review the country’s economic situation and financial commitments.
During these talks, the IMF has advised Pakistan to increase the prices of petrol and diesel so they match the rising rates of oil in the global market.
According to officials, the IMF has stressed that the government should avoid providing subsidies on petroleum products.
The lender believes that keeping fuel prices in line with international costs is important for maintaining financial discipline and preventing additional pressure on the national budget.
Another key point raised during the talks is the government’s target to collect Rs. 1,468 billion through the petroleum levy by June 30.
The IMF has emphasized that meeting this revenue target is necessary for improving fiscal stability and strengthening Pakistan’s economic framework.
In addition to pricing and revenue measures, discussions have also included ways to reduce energy consumption across the country.
Some proposals under consideration include encouraging online classes for educational institutions and allowing flexible or remote work arrangements for offices. These steps could help lower fuel usage and reduce pressure on the energy sector.
Meanwhile, government authorities are closely monitoring international oil prices to understand how global market changes might affect Pakistan.
Officials are also planning measures to prevent fuel hoarding and ensure that petrol and diesel remain available in the domestic market without disruption.
These ongoing talks with the IMF highlight the challenges Pakistan faces in managing its economy while meeting international financial commitments.
The government is expected to make careful decisions in the coming weeks to maintain fuel supply, manage public finances, and support economic stability.
