February 14 – The News report by Mehtab Haider states that Pakistan will have to erase borrowings from the State Bank of Pakistan (SBP) from the existing level of Rs3.8 trillion to zero, hiking electricity tariff up to 30 percent and placing Integrated Value Added Tax (VAT) for bringing both goods and services under uniform tax collection agency for striking the staff level agreement with the IMF.
The News: IMF programme to be wrapped in tough conditions
