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Power tariffs need to go up, says IMF

Power tariffs need to go up, says IMF Top Story April 15, 2021 ISLAMABAD: The International Monetary Fund’s (IMF) resident chief in Pakistan, Teresa Daban Sanchez, has said that the government would have to hike electricity tariff to ensure cost recovery of power generation and to grant long overdue autonomy to the State Bank of Pakistan (SBP) in line with the best international practices. “Pakistan remains committed to the goals of the IMF supported programme and agreed to undertake key reforms of doing away with tax exemptions, elimination of quasi-fiscal circular debt, and SOEs losses,” Sanchez said in a webinar organised by the Sustainable Development Policy Institute (SDPI) here on Wednesday. “Islamabad committed for market-determined and flexible exchange rate, strengthening of social safety nets and strengthening of institutions through Public Finance Management, SBP’s autonomy and bringing reforms into the energy sector,” she added. The IMF chief said that t

Teresa daban sanchezInternational monetary fundPublic sector development programWorld bankPower holding companySustainable development policy instituteState bankPublic finance managementCircular debt management planRapid financing instrumentதெரசா தபன் சான்செஸ்சர்வதேச பண நிதிபொது துறை வளர்ச்சி ப்ரோக்ர்யாம்உலகம் வங்கிபவர் வைத்திருத்தல் நிறுவனம்நிலையான வளர்ச்சி பாலிஸீ நிறுவனம்

Reforms programme under EFF to Pakistan is on right track: IMF s Country Representative

Daily Times April 15, 2021 The Country Representative of International Monetary Fund (IMF) in Pakistan Ms Teresa Daban Sanchez has said that the Extended Fund Facility (EFF) to Pakistan is all set to achieve some major goals including revenue base fiscal sustainability. It is being achieved through the strategy by removing exemptions and privileges, enhancing social and productive spending, coordination with provinces, and elimination of quasi-fiscal circular debt and SOE losses. She said this during a keynote session with Dr Abid Qaiyum Suleri, Executive Director, Sustainable Development Policy Institute (SDPI) on Wednesday, said a press release. Ms Sanchez added further on the occasion that the goals that are very important for the future direction of the country, also include a market determined and flexible exchange rate as well as the independent central bank with primary focus on price stability. Moreover, strengthening the social safety net to protect the most vulnerable

Teresa daban sanchezAbid qaiyum suleriFund facilitySustainable development policy instituteCountry representative of international monetary fundCountry representativeInternational monetary fundPakistan ms teresa daban sanchezExtended fund facilityExecutive directorRapid financial instrumentWorld bandAsia bandCircular debtதெரசா தபன் சான்செஸ்நிதி வசதி

Pakistan set to achieve fiscal sustainability: IMF - Newspaper

ISLAMABAD: Pakistan is all set to achieve some major goals including fiscal sustainability under the Extended Fund Facility (EFF), International Monetary Fund (IMF) Country Representative Teresa Daban Sanchez said on Wednesday. Speaking at a webinar at the Sustainable Development Policy Institute (SDPI), Ms Sanchez said it is being achieved through the strategy by removing exemptions and privileges, enhancing social and productive spending, coordination with provinces, and elimination of quasi-fiscal circular debt and losses of state-owned enterprises (SOEs). The IMF representative emphasised that these goals are very important for the future direction of the country and include a market determined and flexible exchange rate as well as an independent central bank with a primary focus on price stability.

Teresa daban sanchezAsia bankInternational monetary fundFund facilitySustainable development policy instituteExtended fund facilityCountry representative teresa daban sanchezRapid financial instrumentWorld bandCircular debt management planதெரசா தபன் சான்செஸ்ஆசியா வங்கிசர்வதேச பண நிதிநிதி வசதிநிலையான வளர்ச்சி பாலிஸீ நிறுவனம்நீட்டிக்கப்பட்டது நிதி வசதி

IMF Ready to Adjust Pakistan s Bailout Program Due to COVID-19

IMF Ready to Adjust Pakistan s Bailout Program Due to COVID-19
propakistani.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propakistani.pk Daily Mail and Mail on Sunday newspapers.

Teresa daban sanchezAbid qaiyum suleriNational socioInternational monetary fundFund facilityPublic sector development programSustainable development policy instituteExtended fund facilityRepresentative teresa daban sanchezExecutive directorAbid qaiyumRapid financing instrumentNational socio economic registryState bankCircular debt management planCorona wealth tax

Pakistan urged to adjust policies

Pakistan urged to adjust policies
tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.

Teresa daban sanchezInternational monetary fundFund facilityFinancial action task forceWorld bankSustainable development policy instituteAsian development bankCountry representative teresa daban sanchezExtended fund facilityRapid financial instrumentNepra actதெரசா தபன் சான்செஸ்சர்வதேச பண நிதிநிதி வசதிநிதி நடவடிக்கை பணி படைஉலகம் வங்கி