Pakistan and IMF agree on targeted electricity subsidies via BISP
An IMF mission in Islamabad concluded talks with Pakistani authorities on Wednesday regarding revenue targets and subsidy reforms.
Revenue targets exceeded despite pressures
The Federal Board of Revenue stated that the country surpassed its first-quarter revenue goal by a reasonable margin. This achievement occurred even though the external economic environment remained challenging for the nation.
Subsidy shift planned for 2027
Officials reviewed plans to move power sector subsidies from consumer tariffs to the Benazir Income Support Programme by January 2027. The World Bank is assisting with linking consumers to a national registry to verify eligibility criteria before late November.
Gas sector mechanism under review
Discussions revealed that the government faces considerable data and ownership challenges when developing a similar mechanism for the gas sector. Sources indicated that the experience from the electricity transition will provide a basis for this future development.
All 2 outlets report consistently
No differences in figures, names or dates across these reports.
- Dawn
- Business Recorder
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2 independent outlets. Headlines as published. Links open the original report.