IMF Imposes 13 Conditions on Pakistan Loan; 12th Could Burden Every Citizen

Pakistan has managed to get a loan of $1 billion from the International Monetary Fund (IMF), but now the conditions of the IMF are keeping it tied. Meanwhile, it has come to light that in return for this one billion dollar loan, the IMF has put not 11 but 13 conditions in front of Pakistan. The 12th condition in this is such that it will loosen the pockets of the people of Pakistan.

When the International Monetary Fund (IMF) gave a loan of one billion dollars to Pakistan, it had imposed 11 conditions on it. But now information has come to light that the IMF has imposed two more conditions on Pakistan. One of these conditions is such that it is certain that the burden on every family in Pakistan will increase.

According to media reports, apart from the 11 old conditions, the IMF has asked the Pakistan government to impose a carbon levy of Rs 5 per liter on petrol and diesel as a part of its central budget from July 1. This levy will be collected till the year 2027. This levy will be increased further next year. According to media reports, this decision was taken during discussions between the IMF and Pakistan's Finance Ministry. The IMF has said as the 13th condition that Pakistan's central bank, the State Bank of Pakistan, will have to maintain a reserve of at least $14 billion.