#PakistanCryptoFuture 🔌 Power Politics & Crypto Clash: IMF Blocks Pakistan’s Subsidy Plan

• IMF has rejected Pakistan’s plan to offer subsidised power to crypto mining and key industries, citing market distortion risks.

• Pakistan proposed Rs 22–23/kWh rates for winter surplus electricity, aimed at boosting industrial use, IMF didn’t budge.

• The move was seen as a modern solution to absorb unused power and reduce circular debt burdens.

• World Bank and other development partners are still reviewing the plan.

• Heated Senate debate followed over a Rs 1.275 trillion debt deal with banks; accusations of coercion flew.

• Power Secretary assured no new levies are added, but DSS of Rs 3.23/kWh will persist for 5–6 years.

• Load shedding woes: 14-hour outages in regions like Tharparkar continue despite full payments by consumers.

• Bribery claims and corruption in disconnections sparked outrage among Senators.

• Over 500,000 users downloaded the new “Apna Meter” app to counter overbilling.

• Committee demanded full transparency in next session, Power Division under fire.

Disclaimer: This post is for informational purposes only and does not constitute financial advice.