Will they?
Pakistan, IMF can’t reach deal on economic bailout
Fund irked by govt’s indecision on fuel, power subsidies and previous regime’s violation of $6bn programme commitments.
www.dawn.com
عمران خان کے 6 دن کیلئے دھرنا ملتوی کرنے کے پیچھے اصل کہانی کیاہے؟
- Thread starter Kashif Rafiq
- Start date
Bebabacha
Senator (1k+ posts)
Why shoebaz want to stick with PM ship for one year...
Siberite
Chief Minister (5k+ posts)
just watch. it will be soon .. I think they are meeting next week.Will they?
Pakistan, IMF can’t reach deal on economic bailout
Fund irked by govt’s indecision on fuel, power subsidies and previous regime’s violation of $6bn programme commitments.www.dawn.com
er..the meeting was 18-25th May.
They asked govt to remove subsidy and also increase taxes in next budget.
Now IMF are waiting for reply and seeing what the budget looks like.
Ball is in PDM heroes court....
Siberite
Chief Minister (5k+ posts)
Important decisions need to be taken . One of them was about overseas vote , the second for EVM. IMF deal electoral reform and then the election call.
Last edited:
Siberite
Chief Minister (5k+ posts)
They are meeting next week . They may have to settle somewhere in middle.
Any link to this meeting next week? "Continuing discussions" is just boilerplate language....
As I understand IMF have given them a few days to confirm if they are removing fuel subsidy or not? But's thats not the only bone of contention. Lets see what choice the PDM heroes make....
"Another source having direct knowledge of the conversations said that the IMF was not looking the fuel subsidies in isolation rather it would be a package deal involving decisions on two key issues, first the withdrawal of fuel subsidies and then agreement on the next year’s budget.
The impression that the IMF got from discussions with the Pakistani delegation was that the government wanted immediate disbursement of the loan but was not ready to do anything meaningful, said the sources.
The delay in release of the IMF tranche has also held back the World Bank, the Asian Development Bank and other bilateral creditors from committing new loans to Pakistan.
Both the sides could not bridge gaps on the issues of primary budget balance, revenue target, power subsidies’ withdrawal plan, the extent of provincial cash surpluses, the need for any fiscal adjusters and the external financing requirements."
Pakistan, IMF again fail to reach staff level agreement | The Express Tribune
IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'
Bebabacha
Senator (1k+ posts)
Evm and overseas done now time for shoebaz to leave
Siberite
Chief Minister (5k+ posts)
Any link to this meeting next week? "Continuing discussions" is just boilerplate language....
As I understand IMF have given them a few days to confirm if they are removing fuel subsidy or not? But's thats not the only bone of contention. Lets see what choice the PDM heroes make....
"Another source having direct knowledge of the conversations said that the IMF was not looking the fuel subsidies in isolation rather it would be a package deal involving decisions on two key issues, first the withdrawal of fuel subsidies and then agreement on the next year’s budget.
The impression that the IMF got from discussions with the Pakistani delegation was that the government wanted immediate disbursement of the loan but was not ready to do anything meaningful, said the sources.
The delay in release of the IMF tranche has also held back the World Bank, the Asian Development Bank and other bilateral creditors from committing new loans to Pakistan.
Both the sides could not bridge gaps on the issues of primary budget balance, revenue target, power subsidies’ withdrawal plan, the extent of provincial cash surpluses, the need for any fiscal adjusters and the external financing requirements."
Pakistan, IMF again fail to reach staff level agreement | The Express Tribune
IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'tribune.com.pk
Siberite
Chief Minister (5k+ posts)
Electoral reform, IMF deal is still pending .
Siberite
Chief Minister (5k+ posts)
Interesting watch:Any link to this meeting next week? "Continuing discussions" is just boilerplate language....
As I understand IMF have given them a few days to confirm if they are removing fuel subsidy or not? But's thats not the only bone of contention. Lets see what choice the PDM heroes make....
"Another source having direct knowledge of the conversations said that the IMF was not looking the fuel subsidies in isolation rather it would be a package deal involving decisions on two key issues, first the withdrawal of fuel subsidies and then agreement on the next year’s budget.
The impression that the IMF got from discussions with the Pakistani delegation was that the government wanted immediate disbursement of the loan but was not ready to do anything meaningful, said the sources.
The delay in release of the IMF tranche has also held back the World Bank, the Asian Development Bank and other bilateral creditors from committing new loans to Pakistan.
Both the sides could not bridge gaps on the issues of primary budget balance, revenue target, power subsidies’ withdrawal plan, the extent of provincial cash surpluses, the need for any fiscal adjusters and the external financing requirements."
Pakistan, IMF again fail to reach staff level agreement | The Express Tribune
IMF emphasises upon 'urgency of concrete policy actions, including removing fuel and energy subsidies'
LOL. I'm not one for being in an echo chamber, but bro, please at least try to find someone who is even a little bit neutral (can't even use this word anymore without alluding to God knows what)...
I remember this guy was so concerned about dollar rupee rate and price of tomatoes in previous govt, but now he is fully satisfied ?
This news is from 24th May
Talks concluded on 25th May
The news on 24th you posted makes no mention of any meeting "next week", and IMF official release pretty much negated any optimism Murtaza Syed was showing.
Look it's very simple.....IMF have said no progress until subsidy is removed, plus some other things.
Miftah said he will not remove subsidy, govt doesn't want to, Shahbaz doesn't want to, Nawaz doesn't want to. (despite saying to IMF in early may that they will - which apparently angered IMF reps as thats what they had reported to their management),
So if Miftah couldn't get IMF to budge this week, what can he say next week (at this alleged meeting or any other meeting)?
jigrot
Minister (2k+ posts)
When you get the answer of all these questions you will start supporting IK. Think objectively
Siberite
Chief Minister (5k+ posts)
I supported this ass very early. I am still regretting it. This guy is a drama baaz. Not that others are better, but I know him well. He is too fickle , can never trust his Judgment and believe on his words. Shida Tilly is an example how crook this guy is .
Siberite
Chief Minister (5k+ posts)
As far as meeting is concern , it was said at the conclusion of the meeting that they will meet next week . The talks may still be ongoing . Not really a big deal if they don't talk next week .
Miftah doesn't want to lift the subsidies at once. No one will do it . They agree to lift the subsidy in stages . IMF doesn't like it.
IMF is not run by infants . They already know it . Its the USA who will play as a broker.
jigrot
Minister (2k+ posts)
I think He is still a better option.
started
Govt raises prices of petroleum products by Rs30 per litre
"We think this measure will bring stability to the markets," says Finance Minister Miftah Ismail.
www.dawn.com
Siberite
Chief Minister (5k+ posts)
Yep, they are going to increase it gradually, as I said.started
Govt raises prices of petroleum products by Rs30 per litre
"We think this measure will bring stability to the markets," says Finance Minister Miftah Ismail.www.dawn.com
yes, they had to eventually bend over for IMF. First of many petrol bombs (wonder how many news channels will call it this now ?)
