Month: August 2023

Power tariffs: caretakers capitulate?

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Power Tariff Reduction

ISLAMABAD: The caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Power Division that concrete steps should be taken in the next 48 hours to reduce the excess electricity bills. The first round of the emergency meeting on the increase in electricity bills was held on Sunday and the second would be held today (Monday). The prime minister was given a detailed briefing on the increase in electricity bills for July. The premier said that no action will be taken in haste which can harm the country, adding such measures will…

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Power bills: Miftah says IMF not likely to give any relief

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Miftah1653626121-0

ISLAMABAD: Former finance minister Miftah Ismail has claimed that without seeking permission from the International Monetary Fund (IMF), the incumbent government could not extend relief to masses who are feeling the heat of the inflated electricity bills. Following mass protests against the exorbitant electricity bills across the country, the former minister said the caretaker government would seek IMF approval before providing relief to electricity consumers, who are using 200 to 300 units monthly. On June 30, Pakistan and the IMF had reached staff-level agreement on $3 billion stand-by arrangement. Speaking…

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PM seeks plan to provide relief to consumers in electricity bills within 48 hours

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Anwaarul-Haq

ISLAMABAD/ LAHORE :Caretaker Prime Minister Anwaarul Haq Kakar on Sunday instructed relevant authorities to formulate concrete measures within the next 48 hours aimed at reducing burden on the masses amid a public outcry over astronomical electricity bills. The prime minister had called an emergency meeting, which lasted for nearly two hours, in a bid to address the complaints about excessive electricity bills. During the meeting, representatives from energy and electricity-related ministries participated. A detailed briefing on electricity transmission and tariffs was provided by the power ministry.

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Iran can provide cheap gas, electricity, oil to Pakistan: envoy

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Pakistan-Iran

ISLAMABAD: Iranian Ambassador to Pakistan Reza Amiri Moghadam said on Friday that Iran could provide cheap gas, electricity and oil to Pakistan. The Iranian ambassador said this in an informal chat during a reception he hosted for the editors of Rawalpindi and Islamabad newspapers. He said that Iran floated a suggestion to start direct flights to the capitals of both countries and Pakistan had agreed to the proposal. He said that Pakistan had sought Fifth Freedom facility for PIA flights to Tehran and Iran had also sought such a facility…

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Prominent services firms to take part in Beijing fair

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pak-China

BEIJING:Pakistan’s prominent service-oriented companies will participate in the 2023 China International Fair for Trade in Services (CIFTIS), scheduled to take place in Beijing from September 2 to 6, to showcase their accomplishments. “For the first time, Pakistan’s embassy in Beijing have invited the National Logistics Cell (NLC), Pakistan International Airlines (PIA) and National Bank of Pakistan (NBP) to set up their stalls, highlighting the incentives and an investment-friendly environment in Pakistan,” Pakistan Embassy Commercial Counsellor Ghulam Qadir told APP on Friday. He revealed that a couple of information technology companies…

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