Pakistan: Minister said – Pakistan’s economic situation worse than expected, government has no money for subsidies – Economic Situation Worse Than Anticipated, No Fiscal Space For Subsidies: Pak Finance Minister IG News

Economic situation worse than anticipated, no fiscal space for subsidies: Pak finance minister

Pakistan Economy
– Photo: File Photo


Amid protests against rising electricity bills in Pakistan, Interim Finance Minister Shamshad Akhtar on Wednesday said that the country’s economic situation is worse than anticipated. He said there is no fiscal space for subsidies to ease the burden on people as there is no agreement with the IMF.