Tag: power tariffs
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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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Govt to implement Rs7 per unit power tariff hike, expecting over Rs3.2 trillion in revenue
The government is planning to raise the power base tariff by approximately Rs7 per unit. This move is expected to generate over Rs3.2 trillion in additional revenue from power consumers. The International Monetary Fund (IMF) Executive Board is set to discuss a stand-by arrangement, which is the final step in solidifying the IMF Staff Level…
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Pakistan to receive first-ever shipment of low-cost oil from Russia in May
Minister of State for Petroleum, Musadik Malik, announced on Sunday that Pakistan will receive its first-ever shipment of low-cost oil from Russia next month, which is expected to benefit the general public.