Share:The government’s decision to freeze the fuel levy without bringing the IMF on board could cause trouble in the future. The outgoing Finance Minister Miftah Ismail has rightly spoken out against the decision of his party. At a time when the government has spent the past six months trying to make substantial corrections to the government’s revenue stream, freezing the fuel levy and cut down on collections goes against that policy. It is important to understand that once a government starts heading down a policy path, taking a decision that goes against this is only a step backward, and rolls back the progress made in the past. The fuel levy is unpopular, but at this point it is necessary.

Source: The Nation October 04, 2022 07:34 UTC