After the increased tension after the Pahalgam Terror Attack between India and Pakistan, there has been now a ceasefire. When there were attacks on the border by both India and Pakistan, the International Monetary Fund (IMF) had approved a loan of $ 1 billion to provide financial assistance to the country of terror, but now it has probably understood the real game of Pakistan and the global body has put 11 new conditions before releasing the next installment of bailouts (IMF New Conditions On Pakistan). Not only this, a big warning has also been issued for Pakistan.
‘Fulfill the conditions, otherwise you will not get the next installment …’
After giving huge loans to Pakistan amidst India-Pakistan tension, now the International Monetary Fund (IMF) is now feeling the danger of sinking its money. According to the PTI report, due to this, the IMF has imposed 11 new conditions on Pakistan to release the next installment of its bailout package and after that the total conditions on PAK have increased to 50. Pakistan has been told by the IMF that if these conditions are not fulfilled, then it will not be able to release the next installment.
Indo-pak was given support under stress
In the past, when the forces of India and Pakistan were face to face on the border and drone and missile attacks were being carried out from both sides, at such a time, the International Monetary Fund had approved Pakistan to release about 1 billion US dollars under the extended fund facility. Along with this, the IMF has also sanctioned an additional $ 1.4 billion for Climate Resilience Loan for Pakistan under the current $ 7 billion bailout package. By adding this, Pakistan gets the total help from IMF to $ 2.4 billion. After this approval, global anger against the IMF erupted and he had become a worldwide.
Put the burden of these conditions on Pakistan
If we look at the new terms brought by the IMF for Pakistan, then it includes the approval of the Parliament for the federal budget of record 17.6 trillion Pakistani rupees, while the condition of imposing high surcharge on electricity bills has also been laid. Apart from this, currently the import of Pakistan’s import rules is allowed to import cars old to only 3 years, it is involved to do 5 years. Additionally, the government will have to prepare a roadmap to end special tech zones and incentives for industrial parks by 2035. Its report is to be presented by the end of the year.
These major conditions in the energy sector
- Issuing notification of annual electricity fee re -radiation by 1 July 2025.
- Adjustment of half-annual gas tariff by 15 February 2026.
- Bringing permanent law to implement the captive power levy ordinance by the end of May.
- Removing a limit of Rs 3.21 per unit on Debt Service Surcharge by the end of June.
Budget should be in accordance with IMF goals
According to the IMF report, Pakistan’s upcoming defense budget is estimated at Rs 2,414 billion, which is 12% higher than the previous year, but recently Shahbaz Sharif Sarkar (Shahbaz Sharif Govt) has made up the mind to increase Rs 2,500 billion i.e. 18% earlier this month, which is the mind of the IMF, which is the IMF’s mind. The International Monetary Fund has asked Parliament to pass the budget of 2026 as per the IMF goals by June 2025.
This warning was given to pak
The report quoted the Express Tribune as saying that along with implementing 11 new conditions, a clear warning has been issued for Pakistan in the IMF report. It states that if the tension between India and Pakistan continues or increases further, its impact may directly increase the risk for the fiscal, external and improvement goals of the program. The IMF warning has come in view of India’s Operation Sindoor after the Pahalgam terror attack.
Let us know that after the death of 26 tourists in the Pahalgam attack, India retaliated and attacked the air strike under this operation and it was revealed that more than 100 terrorists were killed. After this, on May 10, the ceasefire was agreed in India and Pakistan.