Shehbaz Sharif
Prime Minister Shehbaz Sharif, addressing the Ulema-Mashaikh Conference on Thursday, acknowledged the financial strain faced by electricity consumers using between 200 to 500 units, assuring them that the government is actively seeking solutions to provide relief.
While highlighting the recent Rs50 billion cut from the development budget to support lifeline consumers (using up to 200 units) for three months, the Prime Minister admitted, “But the consumers using 200 to 500 units of electricity are still under the burden.”
He revealed ongoing discussions with key stakeholders, including Nawaz Sharif, the coalition government, and the army chief, to formulate a comprehensive plan to alleviate the burden on inflation-stricken citizens. “I hope that hopefully, we will try to provide further relief to poor people from inflation and electricity prices,” PM Sharif stated, adding that provincial governments would make related announcements soon.
Read also: NEPRA Approves Rs2.56 Per Unit Increase in Electricity Tariff
The Prime Minister also addressed the government’s decision to approach the International Monetary Fund, explaining it as a necessary measure to stabilize the economy.
This announcement comes on the heels of last month’s relief package for lifeline consumers, offering a reduction of up to Rs7 per unit for three months, benefiting approximately 25 million domestic consumers.
BYD released its 2024 financial report, with key indicators reaching record highs! The company achieved…
Eid in Dubai is a time of joy, celebration, and togetherness, bringing a unique blend…
Bangladesh and Pakistan have been working for wider and stronger bilateral ties between the countries.…
Bank Alfalah, one of Pakistan’s leading commercial banks, has introduced AlfaMall on WhatsApp, bringing a…
K-Electric (KE) has witnessed a positive industrial response to the Prime Minister’s Winter Demand Initiative,…
Karachi witnessed yet another devastating road accident as a speeding car struck a motorcycle on…
This website uses cookies.