African Countries Reverse Fuel Tax Cuts

Botswana and Zambia have restored fuel taxes after suspending levies earlier in 2026, while South Africa…

Energy Disruptions Threaten Middle East, North Africa and Pakistan’s Economic Outlook, IMF Says

The IMF forecasts a 1.3% economic contraction across the Middle East, North Africa and Pakistan in…

Nigeria, IMF Collaborate on Fair Fuel Pricing

The Federal Government has joined forces with the International Monetary Fund (IMF) to create a transparent…

Pakistan Renegotiates Power Contracts to Curb Soaring Tariffs

Pakistan is renegotiating contracts with independent power producers (IPPs) to address unaffordable electricity tariffs. Soaring energy…

Pakistani Minister Seeks Revision of Chinese Power Contracts

Pakistani Minister for Power Awais Leghari has called for revising the contracts with Chinese power producers…

AfDB and World Bank Partner to Electrify 300 Million Africans

During the recent spring meetings of the World Bank and International Monetary Fund in Washington, a…

IMF, Rwanda Sign $262m Deal to Ease Climate-related Shocks

The International Monetary Fund (IMF) staff and the authorities of Rwanda have agreed on a new…

Pakistan NEPRA Proposes Electricity Tariff Increase

Pakistan’s National Electric Power Regulatory Authority (NEPRA) has proposed an increase of electricity tariff by Pakistan…

IMF Discontinues Pakistan’s Electricity Bill Relief

The International Monetary Fund (IMF) has discontinued the electricity bill relief package for consumers using over 200 units…

IMF Orders Pakistan to Reduce Electricity Bills

The International Monetary Fund (IMF) has directed Pakistan to tender a written agreement with respect to…