{"id":21472,"date":"2025-06-04T15:32:12","date_gmt":"2025-06-04T10:32:12","guid":{"rendered":"https:\/\/dailyrapidnews.com\/eng\/?p=21472"},"modified":"2025-06-04T15:32:15","modified_gmt":"2025-06-04T10:32:15","slug":"imf-demands-full-implementation-of-conditions-in-budget-2025-26","status":"publish","type":"post","link":"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/","title":{"rendered":"IMF demands full implementation of conditions in Budget 2025-26"},"content":{"rendered":"\n<p><strong>The International Monetary Fund (IMF) has asked Pakistan to ensure the full implementation of all previously agreed economic conditions &#8212; not just at the federal level, but across all provincial budgets as well.<\/strong><\/p>\n\n\n\n<p>According to sources familiar with the matter, the IMF has made it clear that provincial governments will have to take steps to reduce expenses to&nbsp;align their fiscal plans with the broader national reform agenda under the Fund&#8217;s ongoing program.<\/p>\n\n\n\n<p>The demand comes as part of the IMF\u2019s push for stronger fiscal discipline, economic transparency, and growth-oriented governance.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Key demands from IMF<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>No Energy Subsidies:<\/strong>\u00a0Provincial governments will not be allowed to provide any form of subsidy on electricity and gas.<\/li>\n\n\n\n<li><strong>Hiring Freeze:<\/strong>\u00a0The IMF wants provinces to halt any new public sector hiring as part of efforts to control recurring expenses.<\/li>\n\n\n\n<li><strong>Ease of Doing Business:<\/strong>\u00a0All provincial administrations are expected to remove regulatory bottlenecks and simplify procedures to encourage private sector investment and entrepreneurship.<\/li>\n\n\n\n<li><strong>Tax Collection:<\/strong>\u00a0Provinces will also be required to enhance revenue collection from agricultural income and services, sectors historically under-taxed in the country.<\/li>\n\n\n\n<li><strong>Digitalization of Accounts:<\/strong>\u00a0Full digitalization of provincial financial systems has been mandated to improve transparency and efficiency.<\/li>\n\n\n\n<li><strong>Unified Economic Vision:<\/strong>\u00a0Provincial governments must fully support and not oppose the federal government&#8217;s economic targets. This includes helping to curb electricity and gas theft and cracking down on smuggling.<\/li>\n\n\n\n<li><strong>Supporting economic growth<\/strong>\u00a0for development projects will be a key principle.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Political consensus and budget approval<\/h3>\n\n\n\n<p>The IMF has also advised the provincial governments to take all parliamentary political parties into confidence regarding the reform agenda. Provincial assemblies must approve budgets that are in line with these conditions, the sources added.<\/p>\n\n\n\n<p>Meanwhile, as preparations for the federal budget for the fiscal year 2025-26 near completion, Pakistan\u2019s negotiations with the IMF have entered a crucial phase, with both sides working to finalize key targets and policy measures.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund (IMF) has asked Pakistan to ensure the full implementation of all<\/p>\n","protected":false},"author":1,"featured_media":21473,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[2,215],"tags":[],"class_list":["post-21472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.4.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF demands full implementation of conditions in Budget 2025-26 - Rapid News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF demands full implementation of conditions in Budget 2025-26 - Rapid News\" \/>\n<meta property=\"og:description\" content=\"The International Monetary Fund (IMF) has asked Pakistan to ensure the full implementation of all\" \/>\n<meta property=\"og:url\" content=\"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/\" \/>\n<meta property=\"og:site_name\" content=\"Rapid News\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-04T10:32:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-06-04T10:32:15+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/06\/a.webp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/#website\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/\",\"name\":\"Rapid News\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/dailyrapidnews.com\/eng\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/06\/a.webp\",\"contentUrl\":\"https:\/\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/06\/a.webp\",\"width\":850,\"height\":500},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/#webpage\",\"url\":\"https:\/\/dailyrapidnews.com\/eng\/2025\/06\/04\/imf-demands-full-implementation-of-conditions-in-budget-2025-26\/\",\"name\":\"IMF demands full implementation of conditions in Budget 2025-26 - 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During the ongoing economic review talks, IMF officials also proposed new taxes on fertilizers and pesticides to bridge a Rs200 billion shortfall in\u2026","rel":"","context":"In &quot;Business&quot;","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/dailyrapidnews.com\/eng\/wp-content\/uploads\/2025\/10\/a-9.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/comments?post=21472"}],"version-history":[{"count":1,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21472\/revisions"}],"predecessor-version":[{"id":21474,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/posts\/21472\/revisions\/21474"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media\/21473"}],"wp:attachment":[{"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/media?parent=21472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/categories?post=21472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyrapidnews.com\/eng\/wp-json\/wp\/v2\/tags?post=21472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}