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Home Top News IMF okays relief for 4 million electricity consumers using less than 200 units: sources

IMF okays relief for 4 million electricity consumers using less than 200 units: sources

Fund demands increase of 45 to 50% in gas tariff from July 1: sources.

by NWMNewsDesk
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The International Monetary Fund has approved parts of the government’s proposals to provide relief in electricity bills, sources said on Thursday.

The sources said that the government had once again made contact with the IMF recently. However, the latter rejected the government’s proposal for relief for consumers using up to 400 units of electricity.

The Fund did approve some relief for people using up to 200 units of electricity and again said that consumers in the bracket should be allowed to pay their bills in installments.

The measure is expected to bring relief to around four million consumers across the country.

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Government sources said that the approval of the 400-unit proposal would have increased the number of people receiving relief to 32 million.

Moreover, the sources said that the Fund had also demanded an increase of 45 to 50% in gas tariff from July 1. However, the hike in gas tariff is subject to the approval of the federal cabinet.

 

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