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Finance & Markets

IMF calls for immediate end to broad fuel scheme

The International Monetary Fund (IMF) has urged Pakistan to end its broad fuel subsidy scheme. The fund called for fuel support to remain limited to deserving beneficiaries. The IMF issued its statement after completing economic review talks with Pakistan. It said the country could receive $1.21 billion after approval by its Executive Board. Read more: […]

We haven't written up this one. Daily Times has the full story — the link below goes straight to it.

Read the original at dailytimes.com.pk →

More in Finance & Markets

Egypt Inflation Eases to 14.5%, but Rate Cuts Wait

Egypt's September inflation is forecast at 13.9%, down from 14.5% in August, yet core inflation remains sticky near 14.3%, keeping rate cuts on hold.

  • Egypt's inflation eased to 14.5% in September 2023
  • Central Bank cautious about cutting interest rates
  • IMF program expires on 15 December 2026

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