IMF Rejects Pakistan's Plea for Cheaper Condoms, Govt Red-Faced

World
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Moneycontrol•18-12-2025, 16:49
IMF Rejects Pakistan's Plea for Cheaper Condoms, Govt Red-Faced
- •IMF rejected Pakistan's request to slash GST on contraceptives, including condoms.
- •PM Shehbaz Sharif's government sought relief from the 18% GST on condoms.
- •IMF cited bailout conditions, mid-fiscal year, and revenue targets for the rejection.
- •Pakistan faces a high population growth rate (2.55%) and inflation, making contraceptives crucial.
- •IMF also rejected proposals to cut GST on sanitary pads and baby diapers.
Why It Matters: Pakistan's request for cheaper contraceptives rejected by IMF due to bailout conditions, leaving high population growth unaddressed.
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