- IMF resident representative Esther Pérez Ruiz has said that the IMF has sought more details from Pakistan about the scheme.
Islamabad: The International Monetary Fund (IMF) on Tuesday raised concerns over subsidy for petrol scheme announced by Prime Minister Shehbaz Sharif, saying that it was not consulted in this regard.
“The IMF has sought more details from Pakistan about the scheme,” said IMF resident representative Esther Pérez Ruiz in the recent statement.
The Fund representative said, “has not been consulted over the petrol subsidy scheme,”.
However, the Fund acknowledged that Pakistan made much progress for revival of the stalled loan programme.
On Saturday, Prime Minister Shehbaz had announced a petroleum relief package of 50 rupees per litre for poor people amid sky-rocketing inflation.
The PM had said that the consumers using small vehicles including motorcycles, rickshaws, and 800 CC vehicles be included in the petroleum subsidy.
He directed all relevant authorities to finalize a scheme at the earliest, for effective implementation of the subsidy.
Shehbaz Sharif said motorcycles, rickshaws and small vehicles are used by low-income people, so petroleum subsidy will directly lead to the relief of poor people.
He said despite severe economic difficulties, the government is trying to help the poor people in every possible way.
Minister of State for Petroleum Musadik Malik briefed the meeting about the strategy to implement the petroleum subsidy to low-income people.
