As Karachi shuts down, Nawaz announces reduction in power tariff by Rs2.32
Premier says there will be a further reduction in petroleum prices; economic indicators showing signs of improvement
PESHAWAR:
Prime Minister Nawaz Sharif announced a reduction in the power tariff by Rs2.32 per unit in a bid to provide relief to the masses, Express News reported on Friday.
While addressing a press conference in Peshawar after visiting Awami National Party leader Bashir Bilour, PM Nawaz Sharif said there will be a further reduction in petroleum prices, adding that economic indicators were showing signs of improvement.
“Our only mission is not to end load shedding but also reduce the tariff," he said, adding that his government's priority is to make electricity production cheaper.
He said coal-based power plants have already been initiated with the help of Chinese companies. "Despite a lack of resources, the government is striving to provide relief to the people."
The premier argued that the reduction in power would decrease inflation in the country, while also emphasising that the power crisis would not end overnight.
“I never gave a timeline, either before or after elections to end the power crisis,” he said. “But we are determined to end the crisis in our current tenure," he added.
When asked about the Karachi shutdown by the Pakistan Tehreek-e-Insaf, Nawaz said he shouldn't be asked about protests but rather the ongoing development projects in the country.
Prime Minister Nawaz Sharif announced a reduction in the power tariff by Rs2.32 per unit in a bid to provide relief to the masses, Express News reported on Friday.
While addressing a press conference in Peshawar after visiting Awami National Party leader Bashir Bilour, PM Nawaz Sharif said there will be a further reduction in petroleum prices, adding that economic indicators were showing signs of improvement.
“Our only mission is not to end load shedding but also reduce the tariff," he said, adding that his government's priority is to make electricity production cheaper.
He said coal-based power plants have already been initiated with the help of Chinese companies. "Despite a lack of resources, the government is striving to provide relief to the people."
The premier argued that the reduction in power would decrease inflation in the country, while also emphasising that the power crisis would not end overnight.
“I never gave a timeline, either before or after elections to end the power crisis,” he said. “But we are determined to end the crisis in our current tenure," he added.
When asked about the Karachi shutdown by the Pakistan Tehreek-e-Insaf, Nawaz said he shouldn't be asked about protests but rather the ongoing development projects in the country.