IMF ‘rejects’ Pakistan’s relief plan on electricity bills

Washington (HRNW) The International Monetary Fund (IMF) has reportedly stopped Pakistan from giving relief to the power consumers using over 200 units, monthly, media reported, citing well-placed sources on Wednesday.

“Circular debt will not come down if relief is given on electricity bills,” IMF said on Pakistan’s relief plan, as per sources.

The relief in terms of delayed payments of the bills will only be given to consumers, who are using under 200 units for six months continuously.

The relief will be revoked, if the bill of a consumer comes over 200 units in six months, the sources said.