IMF says phase out fuel relief ‘promptly’

PSX Update • Oct 8, 2026

The International Monetary Fund (IMF) has told Pakistan to phase out its fuel support scheme “promptly”, citing its high cost and broad targeting, in the one passage of Wednesday’s staff-level statement that openly disagrees with government policy.

October 08, 2026 (MLN):   The International Monetary Fund (IMF) has told Pakistan to phase out its fuel support scheme “ promptly ”, citing its high cost and broad targeting, in the one passage of Wednesday’s staff-level statement that openly disagrees with government policy. The Fund went further. Any future fuel support, should oil prices rise again, must be limited, time-bound, routed through existing s...