The tariff hike – the third in the past nine months – was aimed at meeting a condition of the International Monetary Fund (IMF). However, this time the government also passed its responsibility of giving subsidies to the consumers of less than 300 units on to those whose monthly consumption was above 300 units. “The total impact of 83-paisa-per-unit increase is about Rs80 billion,” an official of the Power Division told The Express Tribune. It is for the third time that the PTI government has increased the electricity tariff. The ECC approved a technical supplementary grant of Rs419.154 million for paying the court fee and fee to the foreign counsel in the case of Dr Hilal Hussain Al-Tuwairiqi and Al-Ittifaq Steel Products Company vs the Islamic Republic of Pakistan.

Source: The Express Tribune October 02, 2019 14:27 UTC