💨 Abstract

The IMF has declined Pakistan's request for tax exemptions on foreign investment projects, citing the importance of fiscal discipline. A railway project connecting Chagai to Gwadar was highlighted, but the Pakistani government's inability to provide state guarantees for every investment project remains an issue. Additionally, the IMF has agreed to lower electricity prices and emphasized the need for progress in the power sector through addressing the performance of Distribution Companies (DISCOs).

Courtesy: theprint.in

Summarized by Einstein Beta 🤖