Approval of a massive hike of Rs7.91 per unit in power tariffs by the Economic Coordination Committee (ECC) of the Cabinet has created great concerns in the business community, said Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir. The move will further enhance the cost of doing business, affect the production activities and become a major hurdle in the economic revival of the country, he added. He stressed that the government should reconsider this decision to save the business and industry from deep troubles and the people from high inflation.
Published in The Express Tribune, June 16th, 2022.
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