IMF discussions, plans to raise gas prices.

In order to negotiate with the International Monetary Fund (IMF), the federal government has started preparations to increase the price of gas for the domestic, fertilizer, CNG and cement sectors.

According to the sources, the IMF mission has been given 3 plans to reduce the revolving debt of the gas sector, the IMF has also been given suggestions to increase gas rates for fertilizer plants.

Apart from this, the dividend scheme to reduce the revolving debt of the gas sector has also been discussed, it has also been agreed to share data related to collections, reforms and tariffs to the IMF in a timely manner.

According to the sources, the IMF mission will hold talks on tariffs, revolving credit and reforms for the gas sector. The share plan from the IMF proposes to increase gas prices from August, from 100 bills for protected and non-protected consumers. It is proposed to increase it to Rs.400.

According to sources, the IMF has proposed not to increase the gas rates for ovens as per the share plan.