Pakistan further removes fuel subsidies to win IMF funding -Finance Minister

ISLAMABAD : Pakistan on Wednesday further removed fuel subsidies in a bid to trim the fiscal deficit and aimed at securing critical support from the International Monetary Fund , the finance ministry said.

"Government has decided to end subsidies on fuel and raise prices starting midnight" Finance Minister Miftah Ismail told reporters at a press conference.The IMF wants the South Asian nation to take strict measures to control its fiscal deficit in the face of a balance of payment crises.

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