Reports of petroleum levy being 'central point' in IMF programme are 'misleading': finance ministry

The finance ministry issued a rebuttal on Tuesday, saying that reports of the petrol development levy (PDL) being a “central point” of Pakistan’s ongoing programme with the International Monetary Fund (IMF) were “misleading”. The programme includes a $7 billion Extended Fund Facility (EFF) and a $1.1bn Resilience and Sustainability Facility (RSF). On Tuesday, an Express Tribune report said the “finance ministry had made petroleum levy the central point of the programme, although there is no expl

Source: Dawn