The natural gas tariff is set to rise further, beginning the new financial year. Only a month after assuming power – in September 2018 to be exact – the PTI government had raised the gas tariff by a mammoth 143%. The objective was to keep the two gas utilities – SNGPL and SSGCL – floating without having to inject funds from the federal budget. Dr Hafeez Shaikh, the PM’s adviser on finance, revenue and economic affairs, had announced that the raise in gas price would be directly proportional to the amount consumed i.e. The gas price, though, is not only thing playing on the minds of the masses since the pricier dollar is feared to take a toll on virtually everything.


Source:   The Express Tribune
May 20, 2019 03:56 UTC