Pakistan, Oct. 8 -- The International Monetary Fund (IMF) has urged Pakistan to end its broad fuel subsidy scheme. The fund called for fuel support to remain limited to deserving beneficiaries.

The IMF issued its statement after completing economic review talks with Pakistan. It said the country could receive $1.21 billion after approval by its Executive Board.

The fund said Pakistan made strong efforts to meet economic targets. It also noted that the IMF programme helped improve economic stability and accelerate reforms.

According to the statement, Pakistan recorded 4% economic growth from July to March 2026. The Middle East crisis affected growth, bringing the estimated rate to 3.6%. Inflation reached its highest level in May 2026. ...