IMF in tension after giving loan to poor Pakistan!, imposed 11 conditions, along with warning

Pakistan recently got a relief of 1 billion dollars from the International Monetary Fund (IMF). But after this, the IMF itself has got confused. The reason is that giving financial help to a country accused of harboring terrorists has now become a question mark on the credibility of the IMF itself.

Now the institution is also afraid that the money given to Pakistan may go down the drain. Due to this fear, the IMF has imposed 11 strict conditions on Pakistan before releasing the next installment. Along with this, the IMF has termed the ongoing tension between India and Pakistan as a serious threat to economic instability.

IMF imposed these conditions on Pakistan

• So what are the conditions laid down by the IMF now? Let’s know: –
• Pakistan’s Parliament will have to pass a budget of Rs 17,600 billion for the next financial year.
• Electricity prices will have to be increased further.
• The ban on import of cars older than three years will have to be lifted.
• The four federal units will have to implement the new agricultural income tax law, which includes identification of taxpayers, return processing and improving compliance.
• A strong communication campaign will have to be run across the country.
• Progress of operational reforms will have to be shown as per the IMF recommendations.
• Financial strategy for after 2027 will have to be prepared and made public.
• In addition, four new conditions have also been added regarding the energy sector – which include fixing tariffs, distribution reforms and financial transparency.
• People are bearing the brunt of the budget, but defense expenditure is increasing continuously

The government’s focus is still on the army budget

On the one hand, the people of Pakistan are suffering from inflation. On the other hand, the government’s focus is still on the army budget. The new defense budget has reached Rs 2,414 billion. This is 12% more than last year. Not only this, according to reports, this budget can also reach 2,500 billion this month. Now there is a discussion within the IMF that such wasteful decisions can hurt the trust on the basis of which the loan was given.

Questions raised again on Pakistan’s intentions

India has been continuously saying that the financial aid being given to Pakistan can be used to promote terrorism. Meanwhile, a shocking case came to light. Pakistan’s minister Tanveer Hussain had recently reached Muridke. This is the same area where India had targeted terrorist hideouts under ‘Operation Sindoor’.

Hussain openly said there that the government will get this area rebuilt at its own expense. His statement once again angered India. Defense Minister Rajnath Singh said in a strict tone that any financial aid given to Pakistan is actually like funding terrorism.

IMF now doubts its own decision

These new strict conditions of IMF are a confirmation of the fact that the organization can no longer trust Pakistan blindly. On one hand there is talk of development in the country. On the other hand, if the same money is used to beautify terrorist lands, then questions are bound to arise.