Government refuses to increase electricity Tarrifs for IMF.
Finance Minister Shaukat Tarin slammed the International Monetary Fund (IMF) for forcing Pakistan to increase the electricity tariff and termed it “injustice”.
Pakistan’s Foreign Exchange Reserves rise to $16.4 billion.
The foreign exchange reserves held by the central bank rose 2.39% on a weekly basis, according to data released by the State Bank of Pakistan (SBP) on Thursday.