Tag: financial burden
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Pakistan grapples with massive Rs63.4 trillion debt
In November 2023, Pakistan’s total debt soared to an alarming Rs63.399 trillion, marking a significant increase from Rs50.959 trillion in the same month of the previous year.
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IMF’s ‘yes or no’ decision nears on relief for electricity bills
In the midst of extensive protests regarding soaring electricity charges, the interim government has reportedly devised a strategy aimed at alleviating the financial burden on electricity consumers in the country.
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Installment plans introduced for power consumers struggling with full bill payments
Discover how Dr. Muhammad Amjad Khan, Chief Executive of IESCO, is taking proactive measures in the face of countrywide protests against high electricity bills. Read about the introduction of installment plans tailored to provide relief to customers grappling with full bill payments.
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NEPRA approves Rs5.40 per unit power tariff increase for quarterly adjustment
The National Electric Power Regulatory Authority (NEPRA) has given its approval for a quarterly adjustment, resulting in an increase of Rs5.40 per unit in the power tariff.
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Goods transporters implement 20% fare hike in response to soaring diesel prices
Goods transporters raised their fares by 20 per cent in response to a recent surge in diesel prices on Thursday. The announcement came as the goods transporters association revealed their decision to implement a fare increase of 20 per cent, citing a substantial rise in diesel prices of up to Rs40 per litre over the…
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Govt expected to reduce petrol price by Rs10 per litre in a pre-budget relief move
Ahead of the much-anticipated federal budget for 2023-24, set to be announced on June 9, the government is planning to alleviate the burden of inflation by reducing the prices of petroleum products, according to industry officials.
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Majority of Pakistanis can’t make ends meet on current income, survey finds
In a recent consumer-based study conducted by Pulse Consultant in Pakistan, concerning findings have emerged regarding the financial state of individuals across the country. The study, which encompassed 1,180+ respondents from the top 10 cities of Pakistan, aimed to understand the ability of individuals to meet their monthly expenses in relation to their current income.…
