Peace be upon you:
Analyst Shehbaz Rana says that the federal government is negotiating power purchase agreements with IPPs, but they are not getting any significant success.
Speaking on Express News’ program The Review, he said that Power Division has proposed to the government to abolish taxes and duties on electricity bills or reduce them to technical requirements, by doing so, the price per unit of electricity will be Rs. Rs 80 paise could be reduced, while the annual financial loss of tax removal is estimated at Rs 580 billion.
IMF says that if 580 billion rupees will be less than here in a year, where are you going to get the money? He said that the World Bank has canceled the budget support loan of fifty million dollars for Pakistan. Analyst Kamran Yusuf said that electricity prices have increased enormously in the last two to three years, after which it is very difficult for people to pay electricity bills, especially in summer.
He said that Pakistan has appointed the former ambassador of Pakistan to Afghanistan, Mohammad Sadiq, as the special representative for Afghanistan. Mohammad Sadiq was Pakistan’s ambassador to Afghanistan for eight years. According to sources, the purpose of his return is to try once again to improve relations with the Taliban through dialogue and constructive thinking on the part of Pakistan.
