‘Framework will be introduced to facilitate the plan’


Islamabad: The government has planned to impose a 10% surcharge on electricity bills in an effort to control the growing circular debt.
According to details, an amendment will be made to the NEPRA Act to enable the implementation of this surcharge on electricity bills.
The report states that a framework will be introduced to facilitate the plan, after which the federal government will have the authority to impose the surcharge under the Debt Servicing Surcharge (DSS) mechanism.
According to energy experts, this is a politically risky move, but it is being undertaken to revive the energy sector and stay aligned with IMF-supported reforms.
Finance Minister Muhammad Aurangzeb stated during his budget speech yesterday that any DSS surcharge will be used solely for repaying the principal amount of the current circular debt through refinancing.

The real reason we tip
- 41 منٹ قبل
Moot demands multisectoral response to human trafficking in Pakistan
- 3 گھنٹے قبل

Trump’s new EU trade deal, briefly explained
- 39 منٹ قبل
ATC sentences PTI leaders Omar, Shibli, Zartaj to 10 years in May 9 case
- ایک گھنٹہ قبل

Gaza death toll surpasses 60,000; 52 more martyred in latest attacks
- 4 گھنٹے قبل

Lovense was told its sex toy app leaked users’ emails and didn’t fix it
- 3 گھنٹے قبل

Canada to recognize State of Palestine at upcoming UN session
- 4 گھنٹے قبل

The Trump administration attack dog you should pay attention to
- 40 منٹ قبل
Is Canadian ex-PM Trudeau dating American singer?
- ایک گھنٹہ قبل
US Navy confirms F-35 crash in California, no injuries reported
- 4 گھنٹے قبل

Microsoft starts rolling out Xbox age verification in the UK
- 3 گھنٹے قبل
Three killed in Nebraska biofuel plant explosion
- 3 گھنٹے قبل