IMF praises oil crisis handling, urges gas sector reforms

• Seeks faster work on targeted gas subsidies, Rs3.6tr circular debt• Acknowledges power sector’s improvement in recoveries, loss reduction• Govt, lender to discuss direct cash support for deserving power consumers next week ISLAMABAD: The International Monetary Fund (IMF) has appreciated Pakistan’s handling of the oil crisis without supply disruptions or an additional budgetary burden despite regional challenges during six months of the US-Iran conflict, but it asked the authorities to expedite

Source: Dawn