pakistan
IMF agrees to Rs60 billion relief for salaried class: sources
Key takeaways
- Sources claim the PM of Pakistan engaged the IMF Managing Director on public concerns and succeeded in convincing the Fund on several key relief proposals.
- According to sources, the IMF has agreed in principle to consider relief for the salaried class, with an estimated Rs60 billion package expected to benefit wage earners.
- The global lender is also said to have agreed to an increase in the Benazir Income Support Programme (BISP) stipend as part of broader social protection measures.
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have concluded their final budget meeting, with Prime Minister Shehbaz Sharif reportedly securing major relief measures for the upcoming fiscal year, sources told ARY News.
Sources claim the PM of Pakistan engaged the IMF Managing Director on public concerns and succeeded in convincing the Fund on several key relief proposals.
According to sources, the IMF has agreed in principle to consider relief for the salaried class, with an estimated Rs60 billion package expected to benefit wage earners.
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