Minister Shamshad Akhtar said government institutions were suffering unbearable losses and underscored the need to accelerate privatisation . The finance minister also debunked the perception that the caretaker government had unlimited powers . She said the next elected government would have to reengage with independent power producers .
Akhtar added that the proposal to withdraw facilities for the privileged class was under consideration and a briefing would be given to the committee on the economy after a week . A source said the cabinet noted that the interim setup could not give any relief to consumers but it could allow breaking up the bills into four to six instalments .
The situation has broken peoples backs and forced them to the streets. We have heard more surcharges will be added in the upcoming days, said PPP Senator Sherry Rehman. Meanwhile Senator Kamil Ali Agha demanded that taxes imposed in the bills should immediately be withdrawn saying that the entire country was paying the price of some peoples theft.
The rising electricity costs appeared to have put the power companies in a vicious cycle of declining consumption and shifting resultant additional capacity charges to consumers compelling the government to seek the staggered imposition of Rs billion quarterly charges in six months instead of three months to minimise the price shock.
The situation emerged at a public hearing organised by the National Electric Power Regulatory Authority Nepra . It requested that consumers be charged at a rate of Rs. per unit for six months rather than three months . The government requested that the Power .
to minimising the price shocks to minimised the price Shock to reduce the price … to minimises the price shocked. The government. The Power . The rising power . The Power Division proposed that even the . government to be charged to minimiser the price .
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