KARACHI: Businesspersons have showed concern over the increase in the base tariff of power by Rs7.90/unit as well as provision of expensive oil and RLNG to power plants for industrial and.
KARACHI: New hikes in the prices of fuel and electricity are expected to cause an inflationary storm in Pakistan, industrialists and experts said on Friday, as the government slashed subsidies for a second time in a week to secure International Monetary Fund bailout money. Pakistan entered a three-year IMF deal in 2019 but is struggling to implement tough policy commitments to