HomeBusinessElectric shock to people This unit may cost Rs 7 more.

Electric shock to people This unit may cost Rs 7 more.

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Web Desk: IMF calls for moratorium on debt payments Considering their needs in this regard The possibility of electricity becoming more expensive by Rs 7 is starting to surface.
According to sources, Pakistan has assured the International Monetary Fund (IMF) that the average electricity tariff may increase by Rs 5 to Rs 7 per unit in July due to annual adjustment.
according to source Ministry of Energy officials have informed the IMF that this is at the request of the electricity distribution company. Electric units can be as expensive as Rs 100.
A source on the matter said the IMF had asked the Ministry of Energy to provide more details on the assumptions used to raise electricity prices on an annual basis.
According to sources, the Ministry of Finance has said it will provide electricity subsidy of up to Rs 920 billion in the next financial year. But no final decision has been made on this matter.

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