Govt Accepts IMF Demand Of Increasing Gas And Electricity Prices And Pakistanis Are In A State Of Panic!


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Govt Accepts IMF Demand Of Increasing Gas And Electricity Prices And Pakistanis Are In A State Of Panic!

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The federal government of Pakistan has succumbed to the demand of the IMF (International Monetary Fund) regarding increasing the prices of electricity and gas. Another demand that was accepted by the government was to make the National Electric Power Regulatory Authority (NEPRA) an autonomous body that can take their independent decisions to set electricity prices. According to the sources, the Oil and Gas Regulatory Authority (OGRA) will also be made autonomous in setting the prices and only exporters will be given limited subsidy in industrial consumers.

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