The IMF rejected the petrol subsidy proposal as the government did not take any advice from the IMF on the subsidy to make petrol cheaper.
Earlier, the government had asked to give Rs 100 cheaper petrol to bikes and up to 800 cars, but the IMF has objected to this.
The IMF asked that how much subsidy is required for the scheme that the government of Pakistan has taken out? And all the subsidies will come from where can you tell how many consumers there will be? And if these scams are implemented, how much will be the loss, and how much will be the gain? Apart from this, the IMF has asked the government of Pakistan to answer all these questions and has asked them to share the entire plan with us.
Important sources revealed that there was a virtual meeting between the IMF and the government, in which the IMF said to prepare a plan for all the subsidy given on petrol because the IMF says that the poorest people will have to pay more subsidy should be given.