It is also reported that the government of Pakistan has sent the plan of low-cost electricity for the export sector to the IMF.
Islamabad: The caretaker government has once again been active in providing low-cost electricity to the export sector.
According to the media reports, the Ministry of Energy has prepared a plan to provide electricity to the export sector at 09 cents per unit. If the plan is approved, the electricity for the export sector will be reduced from 14 cents to 09 cents per unit under which the burden of cross-subsidy on the export sector will be removed.
It is also reported that the government of Pakistan has sent the plan of low-cost electricity for the export sector to the International Monetary Fund (IMF). At the time the domestic consumers are being provided cheap electricity by giving electricity at the rate of 14 cents per unit to the industrial sector.
Notably, last year, the IMF has once rejected the proposal to provide electricity to the export sector at 09 cents, after which the facility of cheap electricity for the export industries was withdrawn due to the pressure of the IMF.
US-Iran talks could be held in next three days: Trump
- 31 منٹ قبل
Deezer says AI song uploads have nearly overtaken human music
- 8 گھنٹے قبل
Iran says US naval blockade has little impact on food supply
- 7 گھنٹے قبل
China warns Middle East at ‘critical juncture’ after Trump extends ceasefire
- 7 گھنٹے قبل
Is “time confetti” ruining parenthood?
- 15 گھنٹے قبل
Canva’s CEO on its big pivot to AI enterprise software
- 8 گھنٹے قبل
La-Z-Boy’s recliners and sofas are getting built-in Klipsch speakers
- 8 گھنٹے قبل
Birdfy’s new 4K feeder wants to teach you about the birds it identifies
- 8 گھنٹے قبل
Silicon Valley has forgotten what normal people want
- 8 گھنٹے قبل
Iran Guards say ‘seized’ two ships attempting to cross Strait of Hormuz
- 4 گھنٹے قبل
Pakistan condemns storming of Al-Aqsa Mosque compound
- 7 گھنٹے قبل
Death anniversary of Moin Akhtar being observed today
- 6 گھنٹے قبل
