Islamabad: The government of Pakistan has agreed to increase the policy interest rate by two percent or 200 basis points subject to fulfillment of another condition set by the IMF With the new decision, Pakistan has accepted another precondition of the IMF to release USD 1.1 billion in critical funding, which is a part of the USD 6.5 billion bailout package, the report said. , the report said that Pakistan has announced an increase in the interest rate based on the rates set in the auction by the government to increase the domestic debt.