Power tariff to be raised 2 percent every month

A meeting held with IMF officials in Islamabad. IMF have criticized the progress of our government in raising the taxation and power tariff over recent past. 35 percent power tariff hike was to be adjusted in this year’s power tariff increase, now this will be adjusted by adding 2% of power tariff hike every month. Already past month have seen such 2% hike and 2% for this month as well will be added this month. This will continue till next eight months and policy is to be revised in next budget. Continues power tariff hike is no good for the country, as this means continues inflation as production costs of all goods depend on power. Power tariff goes up, production […]