Latest IMF program benchmarks News & Updates

New Delhi, April 8 (IANS) While the International Monetary Fund (IMF) has asked Pakistan to remove subsidy on diesel as keeping prices of fuels below the market price violates the conditions that have been fixed for its loans to the cash-strapped country, Islamabad has, in brazen defiance of the norms, gone ahead with reducing the subsidy on petrol as well.“The prime minister’s Friday night dash to slash the petrol levy — undoing a massive price hike meant to fully pass on the global incre…