ISLAMABAD: Pakistan is in talks with the International Monetary Fund (IMF) to try to ease “tough conditions” on a $6 bln loan, recently appointed finance minister Shaukat Tarin said on Wednesday.
“The targets they have given us, that is tough... We have talked to them and they are very sympathetic,” Tarin said, referring to a loan agreed in an IMF program that Pakistan entered in 2019.
Pakistan did not want to leave the program but had asked the IMF to give it more space, Tarin said at his first press conference since he was appointed last month.
Pakistan seeks easing of ‘tough conditions’ on $6 bln IMF loan
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Pakistan seeks easing of ‘tough conditions’ on $6 bln IMF loan
- Says Pakistan had asked for more space in meeting “tough” targets
- International Monetary Fund approved a three-year, $6 billion loan package for Pakistan in July 2019
Thousands rally in Karachi after deadly mall fire, demand resignations and reforms
- Protesters cite fire that killed at least 67, blame civic failures, weak emergency response
- Rally adds pressure on Sindh’s ruling party amid anger over infrastructure and utilities
KARACHI: Thousands rallied in Karachi on Sunday demanding the resignations of local officials and systemic reforms following a devastating shopping mall fire that killed dozens last month.
The demonstration underscored deepening public anger over civic failures in Pakistan’s largest city.
Approximately 4,000 people marched under the slogan “Enough is enough” in a rally organized by the political Islamist party Jamaat-e-Islami (JI).
Demonstrators cited chronic water and power shortages, poor emergency services, and crumbling infrastructure as key grievances.
The blaze at the Gul Plaza Shopping Mall in January, which left at least 67 dead and over 15 missing, has intensified scrutiny of the city’s disaster preparedness and governance.
The protest’s main speaker, Jamaat e Islami’s Karachi chief Munim Zafar, demanded immediate compensation for the victims’ families and affected businesses. He also accused the city’s administration of failing to provide basic utilities and competent emergency services.
“Our demand is clear: compensation for the families of those who died in the Gul Plaza incident, and compensation for the traders who suffered losses. They should be given alternative support to help them rebuild their businesses,” Zafar said.
He said Karachi’s residents were being denied basic services and protection, calling for the resignations of senior city and provincial officials:
“The people of Karachi deserve to live with dignity, but you’re not providing them with basic necessities like water and electricity. When there’s a fire, you’re incapable of rescue, and when it rains, the city is flooded. Our infrastructure is in shambles ... Karachi needs an empowered local government system.”
The protest increases political pressure on the ruling Pakistan Peoples Party (PPP), which governs Sindh province and Karachi.
City and provincial authorities have previously pointed to rapid urbanization and funding limits when addressing infrastructure issues.
The offices of Karachi Mayor Murtaza Wahab and the Sindh government did not immediately respond to Reuters’ requests for comment on demonstrators’ requests.










