Tag Archives: Vested interests may spur post-election policy reversals

ISLAMABAD: The World Bank fears that following the upcoming elections, strong and organised vested interests may spur a number of potential reversals on critical policy reforms — committed to multilateral lenders — posing ‘high’ macroeconomic risks to Pakistan. The possible reversals include the rationalisation of gas and electricity subsidies, lower trade tariffs and better property tax realisation. “Stakeholder risks are high …

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