Hiked power tariff on #IMF ‘s demand: PM #Shehbaz
LAHORE (MNP) – Prime Minister Shehbaz Sharif has said that the price of electricity was increased under the condition of IMF and 31 percent domestic consumers in the country using up to 300 units per month were still being partially subsidized.
The prime minister said that the 63 percent domestic consumers using up to 200 units per month would be exempted from the recent increase in power tariff. Besides, he said a partial subsidy was also being given to the consumers of up to 300 units per month which comprised around 31 percent of the total domestic consumers.
“Due to the toughest conditions from the International Monetary Fund (IMF), the government had to raise the electricity prices but I stressed that the burden should not be passed on to the protected segments of the society,” he said after witnessing the signing of a framework agreement between State Oil Company of Azerbaijan Republic (SOCAR) and Pakistan LNG Limited (PLL) here.
The framework agreement was signed by Managing Director PLL Masood Nabi and Chief Executive Officer of SOCAR Trading Mariam Almaszade.
