PM hints at significant cut in power tariff

As the nation celebrated 77 years of Pakistan’s independence on Wednesday amidst spirited slogans and heartfelt prayers, Prime Minister Shehbaz Sharif said that he would soon share “good news” with the nation regarding reduction in power tariffs and will also outline a new economic plan.
People have been receiving inflated bills for months now as the government keeps increasing electricity prices to cut circular debt as well as implement the International Monetary Fund (IMF) conditions.
Streets and national monuments across the country were crowded with citizens dressed in vibrant hues of green and white.
The break of dawn was heralded by a resonant 31-gun salute in Islamabad, accompanied by a 21-gun salute in the provincial capitals. Later, prayers were offered for the peace and prosperity of the country.
A number of ceremonies were also held in several cities to commemorate Independence Day.
“Today, people are much worried about inflation, electricity bills, unemployment and other issues,” the prime minister said during an event in Islamabad held to mark the 78th Independence Day.
“The government is working day and night to resolve this issue,” he said, assuring that in a few days the government will give the nation a “good news” of significant cut in electricity tariffs.
He said that currently electricity bills was the biggest concern of everybody and without reducing the electricity tariffs, Pakistan’s industry, agricutlture and exports could not grow.
Furthermore, he said that he would address the nation in a few days in which he would present a five-year economic plan of the country.
He said he was very concerned about providing maximum relief to the people.