current affairs MCQ #6950

Under Pakistan's 37-month IMF EFF approved in July 2024, what specific structural benchmark related to energy sector was a critical prior action?

current affairs MCQ #6950

  1. Question 1

    Q1. Under Pakistan's 37-month IMF EFF approved in July 2024, what specific structural benchmark related to energy sector was a critical prior action?

    • A) Complete privatization of WAPDA within 6 months
    • B) Elimination of natural gas subsidies for industrial consumers only
    • C) Merging NEPRA and OGRA into a single regulatory authority
    • D) Implementation of quarterly automatic electricity tariff adjustments to eliminate circular debt accumulation

    Answer: Implementation of quarterly automatic electricity tariff adjustments to eliminate circular debt accumulation

    Explanation: A critical prior action under Pakistan's 2024 IMF EFF was the implementation of quarterly automatic electricity tariff adjustments (quarterly tariff rebasing) to ensure cost recovery and prevent further accumulation of circular debt.