IMF Raises Concerns Over Pakistan’s Sugar Subsidy Plan, Warns of Risk To $7 Billion Loan Program

The International Monetary Fund (IMF) has raised strong objections to the Pakistani government’s decision to provide tax exemptions and subsidies on imported sugar, warning that this could jeopardize its ongoing $7 billion loan agreement.The IMF’s main concerns center around Pakistan’s recent approval of duty exemptions on the import of 500,000 metric tons of sugar, which were implemented by the
The International Monetary Fund (IMF) has raised strong objections to the Pakistani government’s decision to provide tax exemptions and subsidies on imported sugar, warning that this could jeopardize its ongoing $7 billion loan agreement.The IMF’s main concerns center around Pakistan’s recent approval of duty exemptions on the import of 500,000 metric tons of sugar, which were implemented by the
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