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RSS FeedsGovt will have to raise power tariff by 30pc to revive IMF programme
(WorldNews Pakistan)

 
 

31 july 2020 04:21:30

 
Govt will have to raise power tariff by 30pc to revive IMF programme
(WorldNews Pakistan)
 


ISLAMABAD: In a bid to revive the stalled $6 billion IMF programme, the government will have to hike electricity tariff by around 30 percent and put in place a viable plan to erase the monster of circular debt. Background discussions with top government functionaries as well donors` representatives in Islamabad told this correspondent on Thursday that without undertaking comprehensive structural reforms, the power sector woes could not be minimised. “The patchwork cannot deliver anymore, so serious reforms are required to erase the monster of circular debt in gradual but sustained manner,” they said. The circular debt...


 
28 viewsCategory: General > Asia > Pakistan
 
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