No cheap fuel for the bikes and small cars, says IMF

The International Monetary Fund (IMF) have raised concern about the cheap fuel scheme, which government was planning to go ahead with. According to IMF representative in Pakistan, the government of Pakistan have not done any consultation about the scheme with IMF. Also IMF have rejected the initial proposal of scheme by Govt of Pakistan. IMF is however seeking more details on the scheme like costs, terms of operation and details on, how will the scheme identify the potential fraud and how will it cater with it. Also, IMF sees that the more proper way to benefit the eligible social circle will be through the direct cash transfer. So until the further review, IMF have shown the serious concern about the […]