Rising inflation has made life difficult for the people. Meat, pulses and vegetables are out of reach of the people. Sugar and flour are missing from the market. The common man cannot afford to buy what he is getting.
Public fuel LPG has become more expensive, the reduction in the price of cumin in the mouth of petroleum products and the increase in the price of food items have saved the lives of the people. Now there is a fear of further rise in prices.
The IMF said Pakistan power to demand a reduction of one thousand billion circular debt sector. IMF demands to reduce the circular debt is through the World Bank and the IMF that says The World Bank is in talks with Pakistani officials on revolving loan issues.
Sources said that the IMF is of the view that it is not possible to start the program with the IMF before the payment is made. The current revolving debt of Pakistan’s energy sector is Rs. 2,266 billion.
Extracted from City42 News