Govt pledges PSDP cuts, other reforms amid IMF criticism

• Lender warns Pakistan on SIFC, Sovereign Wealth Fund
• Govt promises to adjust gas, power tariffs, expand tax net to agriculture, retail sectors
• Plans to privatise four power sector entities this year

ISLAMABAD: Amid criticism from the IMF over the Special Investment Facilitation Council and Sovereign Wealth Fund, the government has committed to drastically reduce the Public Sector Development Programme, ensure timely tariff adjustments in gas and electricity sectors, bring...