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Pakistan to raise fuel prices as agreed with IMF: Finance minister

Pakistan to raise fuel prices as agreed with IMF: Finance minister

FILE PHOTO: Pakistan's new finance ministry chief Miftah Ismail speaks with a Reuters correspondent during an interview in Islamabad, Pakistan December 28, 2017. REUTERS/Faisal Mahmood

ISLAMABAD: Pakistan Finance Minister Miftah Ismail said on Thursday (May 26) that the government will raise fuel prices as agreed with the International Monetary Fund (IMF).

Ismail said in a tweet the new prices with a rise of 30 rupee a litre will come into effect by Friday.

Pakistan on Wednesday concluded talks with IMF for resumption of US$6 billion rescue package signed in 2019.

Source: Reuters

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