ISLAMABAD: Federal Minister for Water and Power Khawaja Muhammad Asif has announced to put more burden on millions of Pakistanis by increase power tariff this month saying that surge in circular debt could be stopped if the electricity price is raised forthwith.
The minister said the power tariff was being increased for commercial consumers this month while the price for domestic consumers would be raised within the next two to three months.
He also stressed the need to end subsidy on electricity. The minister said that the circular debt might soar up to Rs 150 billion if the power tariff is not increased for the next two to three months.
Khawaja Asif said that the government would try to cut per unit production cost of electricity which now stands at Rs 14 which would have to be brought down at around Rs 11.
He said that no other country in the world had as many vehicles consuming CNG fuel as in Pakistan. Asif maintained that millions of Pakistanis could not be deprived of electricity for CNG-vehicle owners.
Nice idea by Khawaja Muhammad Asif to further increase electricity prices and suck juice of citizens.Ramazan are on their way and instead of subsidies people have to face more and more burden in shape of increased tariffs and taxes.
While on the other hand Nawaz Shareeef with his family and friends enjoying the tour in China.