{"id":473144,"date":"2022-03-05T09:48:31","date_gmt":"2022-03-05T04:18:31","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=473144"},"modified":"2022-03-05T10:29:21","modified_gmt":"2022-03-05T04:59:21","slug":"pakistan-confident-of-defending-1-5-billion-fuel-subsidy-at-imf-review","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/pakistan-confident-of-defending-1-5-billion-fuel-subsidy-at-imf-review\/","title":{"rendered":"Pakistan confident of defending $1.5 billion fuel subsidy at IMF review"},"content":{"rendered":"<p>ISLAMABAD (Reuters) &#8211; Pakistan is confident it will be able to defend a nearly $1.5 billion fuel and electricity subsidy package during a International Monetary Fund (IMF) programme review that started Friday, the finance ministry said.<\/p>\n<p>Prime Minister Imran Khan this week announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil, pledging to freeze the new rates for four months with the price differential being covered by the government.<\/p>\n<p>&#8220;We are ready to address their (IMF) concerns, if any, about the merits of the relief package,&#8221; the finance ministry spokesman Muzammil Aslam told Reuters, adding, &#8220;We have that fiscal space to fund this money.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD (Reuters) &#8211; Pakistan is confident it will be able to defend a nearly $1.5 billion fuel and electricity subsidy package during a International Monetary Fund (IMF) programme review that started Friday, the finance ministry said. Prime Minister Imran Khan this week announced a cut in fuel and electricity prices despite a steep global rise in the cost of oil, pledging to freeze the new rates for four months with the price differential being covered by the government. &#8220;We are ready to address their (IMF) concerns, if any, about the merits of the relief package,&#8221; the finance ministry spokesman Muzammil [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-473144","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=473144"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/473144\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=473144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=473144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=473144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}