Pakistan IMF Loan: If Pakistan has to come out of the economic crisis, conditions will have to be accepted, otherwise the situation will be dangerous, big statement of IMF chief – imf chief says pakistan has to end subsidies for upper class amid the biggest economic crisis

Kristalina believes that there is a lot of income from both these sectors. The country’s economy gets a lot of support from these sectors only. Under the second step that Kristalina has told, only those people who really need it should be exempted. According to him, exemption should not be given to such people who are rich and who do not need it at all. Kristalina said that the IMF wants to protect the poor people of the country.
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act like a stable country
IMF Managing Director Kristalina has appealed to the Government of Pakistan to take all the necessary steps that can be taken to work as a stable country. According to them, the country has to be prevented from reaching the point where it needs to be rebuilt. Kristalina said that the devastating floods in September 2022 have affected one-third of the country’s population. IMF is only appealing to Pakistan that it should not turn into a dangerous place.

What will the government of Pakistan do?
Pakistan has already received financial assistance from the IMF. Negotiations are currently underway with the organization to restore the loan program. The new demands put forth by the IMF could be a very contentious issue for the government as Prime Minister Shehbaz Sharif’s finance minister Ishaq Dar has repeatedly stated that he intends to reduce taxes and provide subsidies to low-income earners. have to provide.