Pakistan PM announces major energy price cuts month after receiving $1bln IMF loan tranche

Pakistan Prime Minister Imran Khan during his television address to the nation on February 28, 2022. (Photo courtesy: @ImranKhanOfficial/Facebook)
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Updated 01 March 2022
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Pakistan PM announces major energy price cuts month after receiving $1bln IMF loan tranche

  • IMF revived loan program after Pakistan agreed to uniform implementation of sales tax, energy tariff hikes
  • PM Imran Khan says his government has decided not to increase petroleum and power tariffs till the next budget

ISLAMABAD: Pakistan's Prime Minister Imran Khan on Monday announced a massive cut in the energy prices, a month after receiving $1 billion loan tranche from the International Monetary Fund (IMF).  

The IMF executive board approved $1 billion disbursement to Pakistan on February 2 after completing a sixth review of the country's reforms under its $6 billion loan program secured in 2019. 

The global lender revived the program after the government met its several key conditions, including parliamentary backing to central bank’s full autonomy, uniform implementation of sales tax and energy tariff hikes. 

However, Monday's announcement appeared to be in contrast with the conditions Pakistan had agreed to for the revival of its loan program. 

"We have decided that we are reducing petrol and diesel by Rs10 today," the prime minister said in a televised speech on Monday. 

He said his government expected oil and commodity prices to reduce across the world, but they did not appear to be coming down any time soon after the Russian invasion of Ukraine. 

The decision was taken for the sake of not passing on the impact of global oil price hike to the consumers, the premier said. 

He said the country generated 60 percent of electricity from imported furnace oil, which had also been burdening the masses. 

"We are decreasing electricity [price] by Rs5 per unit," PM Khan announced, "which means your bills will be reduced by 20-50 percent." 

He said his government had decided not to increase the two tariffs "till the next budget." 

Speaking of the Pakistan Electronic Crimes Act (PECA), he defended the recent amendments made to the law by his government. 

The amendments were approved through a presidential ordinance earlier this month. The amendment to section 20 of PECA 2016 increases the jail term for defaming any person or institution on social media from two to five years and makes it mandatory for courts to decide cases within six months. The offense has also been made non-bailable. 

Almost all of Pakistan’s opposition parties and journalist unions have opposed the new law. The government denies it wants to censor the press or political opponents. 

"Such filth is appearing of social media in Pakistan, child pornography," PM Khan argued. "FIA (Federal Investigation Agency) has 94,000 pending cases in which women were harassed, families were broken." 

PM Khan said he himself was not spared, referring to reports in the media about his family.  

"Nowhere in the world this happens. Mafias are blackmailing in the name of free press here and paid journalists maligning the government," he lamented. "No one can do such irresponsible things in any democracy of the world." 

The prime minister said the PECA amendments had nothing to do with the free press, adding "credible journalists" would be glad about an end to "fake news."


US freezes immigrant visa processing for 75 countries, including Pakistan

Updated 15 January 2026
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US freezes immigrant visa processing for 75 countries, including Pakistan

  • Immigrant visas to be suspended from Jan 21, tourist visas unaffected
  • Move targets “public charge” concerns as Trump revives hard-line immigration rules

ISLAMABA: The United States will pause immigrant visa issuances for nationals of 75 countries, including Pakistan, from January 21, the State Department said on Thursday, as President Donald Trump presses ahead with a hard-line immigration agenda centered on financial self-sufficiency.

In an update published on its website, the State Department said it was conducting a comprehensive review of immigration policies to ensure that migrants from what it described as “high-risk” countries do not rely on public welfare in the United States or become a “public charge.”

“The State Department will pause immigrant visa processing from 75 countries whose migrants take welfare from the American people at unacceptable rates. The freeze will remain active until the US can ensure that new immigrants will not extract wealth from the American people,” the department said.

The pause applies specifically to immigrant visas, which are issued to people seeking permanent residence in the United States. The department said applicants from affected countries may still submit applications and attend interviews, but no immigrant visas will be issued during the suspension.

According to the State Department, the affected countries include Pakistan, Afghanistan, Bangladesh, Iran, Iraq, Egypt, Nigeria, Russia, Somalia, Brazil, Thailand and dozens of others across Asia, Africa, the Middle East, Europe and Latin America.

The department said tourist and other non-immigrant visas are not affected, and that no previously issued immigrant visas have been revoked. Dual nationals applying with a valid passport from a country not on the list are exempt from the pause.

The State Department did not indicate how long the visa pause would remain in effect, saying it would continue until its review of screening and vetting procedures is completed.

The announcement underscores the breadth of the Trump administration’s renewed immigration crackdown. Since returning to office last year, Trump has revived and expanded enforcement of the “public charge” provision of US immigration law, which allows authorities to deny entry to applicants deemed likely to rely on public benefits.

During his previous term, Trump imposed sweeping travel restrictions on several Muslim-majority countries, a policy widely referred to as a “Muslim ban,” which was challenged in courts before a revised version was upheld by the Supreme Court and later rescinded under former president Joe Biden.

The visa freeze also comes amid an intensifying domestic enforcement push. US Immigration and Customs Enforcement (ICE) has expanded operations nationwide, drawing scrutiny over its tactics. Last week, an ICE agent shot and killed Renee Good, a US citizen, during a federal operation in Minneapolis, sparking protests and renewed debate over immigration enforcement under the Trump administration.