gas price hike

Recent gas and oil price hikes set to fuel inflation, impacting consumers and industries alike

Decreases 0.78% but gas price hike threatens stability

Political uncertainty, gas price hike threaten sectors competitiveness

Say utilities are not exploited in developed states for economic gains

Govt also withdraws subsidy of fertiliser plants

Secretary finance warns that delay beyond Thursday could cost Pakistan IMF’s $1.2b tranche

Asks PBS to reconcile data, report actual price situation in next meeting

Settles at 9.95% from 0.73% in the preceding week ending November 8

Power rates increased as well on account of Sept 2023 FCA

Masses pushed to stake exorbitant gas utility bill for the sake of keeping white elephants afloat

Price increase not applicable to domestic consumers who use 50 cubic metres of gas

PM directs ministry to present draft in cabinet

While it is crucial to meet IMF conditions, complying will only serve to push Pakistan further down the debt cycle

OGRA chief says new tariff will be applicable in the next fiscal year

'Hiking gas tariff for industry would affect production activities and further reduce exports'