Pakistan committed to aligning official, informal FX rates: IMF

Pakistan committed to aligning official, informal FX rates: IMF
Representational image Image Credit: ANI
  • Country:
  • Pakistan

Pakistan is committed to align its official and informal foreign exchange market rates, the International Monetary Fund's resident representative said on Monday, days after the cash-strapped country's currency plunged dramatically as it works to revive its stalled bailout programme.

A permanent power surcharge on consumers is also among measures planned by Pakistani authorities to address energy sector debt, IMF's Esther Perez Ruiz told Reuters in an emailed response.

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