A severe funding crisis has halted government incentives for leather and garment exports, while tax revenues continue to decline. Amid this turmoil, the International Monetary Fund (IMF) has withheld loan disbursements until at least June. The government faces financial strain due to subsidies in electricity, fertilizer, food, and LNG sectors, while foreign debt and interest payments have also surged. Economic uncertainty is mounting, with inflation rising, foreign reserves dwindling, and exchange rates becoming unstable. The IMF has conditioned the loan on subsidy reductions, but the government remains reluctant to comply.