Busine­ss commun­ity of south Punjab has apprec­iated the govern­ment’s plan to reduce electr­icity tariff­MULTAN: The business community of south Punjab has appreciated the government’s plan to reduce electricity tariff, urging the authorities to ensure affordable cost of doing business in the country. Multan Chamber of Commerce and Industry (MCCI) President Malik Asrar Ahmed Awan welcomed the commitment of the newly-appointed Adviser to PM on Finance Dr Miftah Ismail to cut power tariffs, stating that government’s move will lower the cost of doing business. The MCCI president argued that the high cost of doing business is preventing Pakistan from achieving its export target. He also demanded a uniform gas tariff in Pakistan, since Punjab faces a higher rate than Sindh. He lamented that the previous government did not facilitate the maintenance of old power plants, which caused several system constraints inflicting heavy losses.

Source: The Express Tribune January 14, 2018 05:26 UTC