Islamabad: Analyst Shahbaz Rana says that the federal government is negotiating power purchase agreements with IPPs, but they are not getting any significant success.
The Power Division has suggested the government to eliminate taxes and duties imposed on electricity bills or reduce them to technical requirements. Doing so could reduce the price of electricity by Rs 4.80 per unit, while eliminating taxes is estimated to result in a financial loss of Rs 580 billion annually.
The IMF says that if Rs 580 billion is less than this in a year, where will you get the money? He said that the World Bank has canceled a budget support loan of $ 500 million for Pakistan. Analyst Kamran Yousuf said that if we talk about electricity prices, they have increased immensely in the last two to three years, after which it is now very difficult for the people to pay electricity bills, especially in summer.
He said that Pakistan has appointed former Pakistani ambassador to Afghanistan Mohammad Sadiq as 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 once again try to improve relations with the Taliban through dialogue and constructive thinking. To a question, he said that Pakistan and Afghanistan are no longer America’s priority.
