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4 million electricity consumers likely to get temporary relief under new plan

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  • Final approval to collect bills in installments to be taken from cabinet.
  • 32 million consumers could have benefited if relief was granted up to 400 units.
  • Fund demands increase of 45 to 50% in gas tariff from July 1: sources.

ISLAMABAD: Following intense talks regarding inflated electricity bills amid countrywide protests, the International Monetary Fund (IMF) greenlit the relief proposal for consumers using up to 200 units, allowing the authorities to collect electricity bills in installments, sources told Geo News Thursday.

“The final approval to collect bills in installments will be taken from the federal cabinet,” the sources said, adding that about 4 million electricity consumers are likely to get temporary relief from this initiative.

However, the interim government’s plan to provide relief to those consuming up to 400 units of electricity per month was rejected by the Fund, the sources said, adding 32 million consumers could have benefited had this proposal been approved.

They added that the Washington-based lender had emphasised the need to crack down on electricity and gas thieves and improve recovery.

Moreover, the sources said that the Fund had also demanded an increase of 45 to 50% in gas tariff from July 1. However, the hike in gas tariff is subject to the approval of the federal cabinet.

Following continuous protests by citizens and traders, who have taken to the streets against the exorbitant hikes in power bills and addition of taxes, the caretaker Prime Minister Anwaar-ul-Haq Kakar-led setup in Islamabad has been trying to woo the global lender to agree to provide immediate relief for electricity consumers in the cash-strapped country, where people are already battered by skyrocketing inflation.

It is important to note that the South Asian nation is under an IMF programme and any relief or subsidy is subject to its approval.

Both sides have been engaged in intense talks as people took to the streets to protest the inflated power bills.

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Honours From The Families Of The Martyrs: September 1965’s Heroes Are Recalled

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Pakistan marks the anniversary of the day the Pakistani Army defeated an enemy attack and won a major victory on September 6. On this day of defence, the families of the war martyrs from 1965 offered their opinions:

The soldiers’ actions in demolishing enemy tanks with explosives and their bravery in the dark were commended by Shaheed Sepoy Muhammad Haleem’s brother. He gave the 1965 martyrs his respects.

The significance of Defence Day is remembered for the martyrs, as stressed by Shaheed Sepoy Shahid Ahmed’s uncle. The brother of Shaheed Sepoy Aftab Hussain offered gratitude to everyone who has given their life in defence of the nation.

In addition to emphasising the value of encouraging rather than criticising the troops, Shaheed Sepoy Wazir Ahmed’s brother praised the soldiers for foiling the enemy’s schemes.

Javed Ahmed, Shaheed Lance Naik’s cousin, emphasised September 6th’s significance as a day of victory.

In addition to expressing support for the Pakistani Army today, the brother of Shaheed Havaldar Shafiq reiterated their dedication to remembering the dead of September 6, 1965.

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The Finance Minister has pledged to attract foreign investments by creating an environment that is friendly to business.

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In a recent statement, Pakistan’s Minister of Finance Muhammad Aurangzeb reaffirmed the country’s unwavering dedication to luring international investments by preserving an atmosphere that is commercially encouraging.

A group of international investors, led by Amin Mohammad Khowaja, the Chief Executive Officer of J.P. Morgan Pakistan, had visited him in Islamabad. He was speaking with them.

Muhammad Aurangzeb also provided further information regarding the ambitious structural reforms program of the government. This agenda aims to strengthen the general macroeconomic stability by widening the tax base, rightsizing the public sector, promoting privatization, and reforming the energy sector.

The Minister of Finance emphasized the great achievements that Pakistan has made in strengthening its macroeconomic indicators, such as the increase in exports by 14 percent, the decrease in inflation to 9.6 percent, which is the lowest level in 34 months, and an overall decrease in the current account deficit among Pakistan’s economic indicators.

It was also brought to his attention that Pakistan’s sovereign credit ratings had improved, which is indicative of a stable and encouraging economic future. According to him, the rigorous fiscal discipline, inflation management, and favorable balance of payments that the country has are the pillars upon which the country’s economic prosperity.

In addition to expressing confidence regarding the potential for larger investment flows into Pakistan, the delegation praised the efforts that the government has made to establish an atmosphere that is conducive to business.

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Journalists require training. Media professionals who have received training can serve as ambassadors. Tarar

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According to Information Minister Atta Ullah Tarar, journalists must possess sufficient skills in order to serve as ambassadors for the country, particularly in the digital realm, to foster unity among people. This is a pressing requirement at present.

During an event in Islamabad focused on journalist training, Atta Ullah Tarrar, the Minister responsible for combating misinformation, stated his official role.

The Information Minister emphasized the indispensability of technology for achieving prosperity, and in line with this, the Government has implemented Pakistan’s inaugural digital land registry system.

Tarar stated that we have the privilege of initiating Pakistan’s inaugural safe city project.

Regarding verification and authentication, the Information Minister lamented the lack of a method to validate information.

According to the Information Minister, terrorist organizations are utilizing social media platforms. Additionally, the minister highlighted that the country’s economy is delicate, and the dissemination of a single false news item might result in significant economic losses for the nation.

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