ISLAMABAD:
- The federal government has developed a plan to cut electricity prices by Rs10 per unit.
- The proposal will be presented to the IMF mission during its visit to Pakistan in March.
- Sources reveal the plan includes a reduction of Rs8 to Rs10 per unit to offer relief to consumers.
- The initiative also aims to address the issue of circular debt.
- A reduction of Rs1.3 trillion in debt payments is expected, creating financial space to lower electricity prices.
The federal government plans to reduce electricity prices by Rs10 per unit to provide relief to consumers and tackle circular debt. The proposal will be shared with the IMF mission in March. The plan also aims to free up Rs1.3 trillion in debt payments, allowing for the price reduction.
