It will be replaced with gross metering to sell expensive grid electricity to consumers

Move comes as ministries seek Rs2.8tr in budget for ongoing, fresh schemes

Fund assumes rupee will devalue to Rs329/$ or 18% by June next year

Envoy says investors suffering due to non-payment of dues, difficulties in arranging machinery parts

Plan aims to extend Chinese energy repayments, reduce consumer burden

Reallocation aimed to provide wheat, electricity subsidy to valley

Burden equals 3/4 of economy, surpassing statutory limit by 15%

External sector-related projections suggest Pakistan will continue relying on IMF

The annual base prices are being increased every year to make the power sector financially viable

Unlike in the past, finance ministry has also not defined the further engagement