IMF discussing electricity tariffs revisions with Pakistan

The International Monetary Fund is discussing proposed electricity tariff revisions with Pakistan authorities, the fund said in a statement to Reuters ​on Saturday, adding that the burden of the revisions should not fall on ​middle- or lower-income households.



"The ‌ongoing discussions with the authorities will assess whether the proposed tariff revisions are consistent with these commitments and evaluate their potential impact on macroeconomic stability, including inflation," it said in its statement.



Pakistan announced proposed tariff overhaul which analysts said would lift inflation while easing pressure on industry, as it seeks to meet conditions under its $7 billion Extended Fund Facility (EFF) as another review of the program approaches.



The EFF is a longer-term IMF loan programme designed to help countries address deep-seated economic weaknesses and medium-term balance-of-payments problems.