Pakistan's interim finance minister Shamsad Akhtar has stated that the country's economic situation is worse than expected, with no fiscal space for subsidies due to commitments with the IMF. Protests against surging electricity bills have been ongoing across Pakistan. The minister emphasized the need for privatization and warned that failure to implement the IMF agreement would worsen the economic situation.Pakistan's interim finance minister Shamsad Akhtar has stated that the country's economic situation is worse than expected, with no fiscal space for subsidies due to commitments with the IMF. Protests against surging electricity bills have been ongoing across Pakistan. The minister emphasized the need for privatization and warned that failure to implement the IMF agreement would worsen the economic situation.
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