Table of Contents

$1 Billion Tranche, Pakistan’s Talks With IMF Fail Again

Pakistan and the International Monetary Fund (IMF) were unable to reach a staff-level agreement due to disputes over the macroeconomic framework and the worsening economic outlook.

Read More: Exclusive Deal for 1st 100 Calls | Real Estate Offers in Pakistan

The new round of negotiations began on October 4 in Islamabad and finished on October 15 in Washington. This is the second time that both parties have met to negotiate the release of the $1 billion loan tranche, but the issue of securing a clean economic bill of health remains unresolved. The first round of negotiations was held in June, but it was fruitless as well.

Despite the fact that Pakistan had already enforced a prior condition mandating price rises for energy and petroleum products, the negotiations failed. Each party has shown a readiness to maintain dialogue.

Read More: Why Real Estate Investment is Trending in 2022?

Pakistan has already accepted two IMF requirements. The government has hiked the price of electricity by up to 14%, or Rs 1.68 per unit while raising the price of petroleum products to an all-time high of Rs 137.79 per liter.

According to Tarin, although the IMF intended for fuel prices to be passed on to consumers, the government only hiked prices by Rs 10 per liter.

The federal government raised the price of gasoline by Rs 10.49 per liter and diesel by Rs 12.44 per liter to Rs 135, effective Saturday.

Stay tuned to Al Sadat Marketing for updates!

You can also invest in other famous and most in demand housing societies, such as , Blue World City,  Rudn Enclave7 Wonders City PeshawarTaj ResidenciaKingdom Valley,  New Metro City Gujar KhanForest Town RawalpindiUniversity Town RawalpindiICHS TownPark View City IslamabadMulti Gardens B17 Islamabad and Nova City Islamabad.

Al Sadat Marketing please contact 0331 1110005 or visit https://alsadatmarketing.com/

Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2Prism Town Gujar KhanNew City ParadiseEighteen Islamabad7 Wonders City IslamabadCapital Smart City,  Silver City IslamabadThe Life Residencia,  Faisal Town IslamabadIslamabad Golf CityIslamabad Model Town and Marble Arch Enclave.

Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.

Book Your Plot Now: +92 331 111 0005

Tags :

Share :

About Author
About Author

Syed Sadat Hussain Shah

Talk to Us!

Latest Posts

Categories

Leave a Reply

Your email address will not be published. Required fields are marked *

Avail Discount on Installments through GFS-AIR (Advance Installment Receipt)

Get GFS - AIR Discount Forms