Share:Government of Pakistan (GOP) on Thursday approved a hike of Rs4.74 in electricity prices for the month of December. According to details, National Electric Power Regulatory Authority (NEPRA) issued a notification on electricity price hike. Earlier in November, Adviser to Prime Minister on Finance and Revenue Shaukat Tarin said Pakistan had agreed with the International Monetary Fund (IMF) to increase the electricity prices in Pakistan. "Negotiations with the IMF have ended successfully," he said, adding that the IMF has called for tax reforms to continue. "Further improvement is needed in the tax reforms," Tarin said, citing the conditions of the Fund.

Source: The Nation December 10, 2021 10:20 UTC