IMF Rejects Pakistan’s Power Subsidy Plan for Crypto Mining

July 7, 2025

Catenaa, Monday, July 07, 2025-The International Monetary Fund has rejected Pakistan’s bid to offer subsidised electricity to cryptocurrency miners, casting doubt on the country’s recent push to position itself as a digital asset hub. Power Secretary Fakhray Alam Irfan told lawmakers on Wednesday that the IMF declined support for the proposed marginal-cost tariff package aimed […]