According to reports from Wu, the International Monetary Fund (IMF) has expressed serious concerns over Pakistan's announcement to allocate 2000 megawatts of electricity for Bitcoin mining and AI data centers. The IMF has demanded that the Ministry of Finance provide an urgent explanation regarding the legality of the plan, electricity distribution, and resource usage. The IMF pointed out that this move was not communicated with them in advance, and it comes at a time when Pakistan is facing energy shortages and fiscal fragility, which could impact ongoing budget negotiations.

#BTC #IMF #AI