Updated on
Summary
IMF has released its 3rd report on Pakistans progress besides the Letter of Intent.The IMF expressed grave concern over Pakistans economic situation, saying that it was still in acute danger. The international monetary organization urged Pakistan to resort to good governance to deal with the hazards facing the country. According to the report, security would cost the country around Rs65billion, while the increase in oil and gas tariff would pushed the inflation to 11 percent.IMF noted that the political turmoil was hindering Pakistan to implement the amended agenda.
