#latestnews #electricitybill #ElectricityHike #PakistanEconomy #IMFDeal
In a major blow to the already burdened masses, the government has approved a record 51% increase in electricity tariffs. This unprecedented hike will affect 32.5 million consumers, mainly households, forcing them to pay an additional Rs580 billion this fiscal year.
The increase comes as part of the conditions set by the International Monetary Fund (IMF) for Pakistan to qualify for the next bailout package.
Residential consumers will now face fixed monthly charges ranging from Rs200 to Rs1,000 per unit, and new rates ranging from Rs11.69 per unit to Rs48.84 per unit. The hardest hit are the poorest segments, with some seeing their rates jump by as much as 51%.
#etribune #ElectricityHike #PakistanEconomy #IMFDeal #EnergyCrisis #ShehbazSharif #TariffIncrease #PakistanNews #EconomicCrisis #UtilityBills #PublicProtest
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