ISLAMABAD: Minister for Power Division Khurram Dastgir has said that there was no truth in reports of increase in power tariff adding that no such proposal was under consideration.
The Power Ministry runs various simulations in its efforts to reduce circular debt and such simulations consider a wide range of options, but this doesn’t mean that every option will result in tariff increase, said a press release issued here Wednesday.
He also termed the reports baseless in which it was claimed that the revenue collection had decreased by 83 percent. This figure is only for the month of September where consumers were given relief in fuel price adjustment and late payments due to the devastating floods that affected one-third of Pakistan, he further said.
He said that cumulative collection stands at 91 percent during July to November while in November, the collection was 98 percent against computed billing.
The minister said contrary to the media reports, the transmission and distribution losses have decreased during the last four months and witnessed visible reduction from 20 percent to 11 percent during the period of July to October.
Tuesday, All trade organisations and hotel-restaurant associations in Rawalpindi have rejected the federal government’s proposal to close markets, restaurants and shopping malls at 8 pm.
The traders’ associations announced not to close markets at 8 pm. The traders said that if the administration tried to use force, there will be strong resistance. The traders have threatened to stage protests, shutter-down strikes, sits-in and a march on the Parliament House if the government implemented the decision.
The traders said that the government must prepare a policy in consultation with the representatives of trade organizations and chambers. They said that decision to close shops and commercial centres at 8 pm was unacceptable.
Traders said that the government should not impose its failures, incompetence, or economic declines on the traders. They said that economic dialogue should be held with all stakeholders to get the country out of the economic morass.
They demanded of the federal government to cut 50 per cent of its expenses and slash the number of ministers and advisers to cut unnecessary expenditures. –Agencies ISLAMABAD: Minister for Power Division Khurram Dastgir has said that there was no truth in reports of increase in power tariff adding that no such proposal was under consideration.
The Power Ministry runs various simulations in its efforts to reduce circular debt and such simulations consider a wide range of options, but this doesn’t mean that every option will result in tariff increase, said a press release issued here Wednesday.
He also termed the reports baseless in which it was claimed that the revenue collection had decreased by 83 percent. This figure is only for the month of September where consumers were given relief in fuel price adjustment and late payments due to the devastating floods that affected one-third of Pakistan, he further said.
He said that cumulative collection stands at 91 percent during July to November while in November, the collection was 98 percent against computed billing.
The minister said contrary to the media reports, the transmission and distribution losses have decreased during the last four months and witnessed visible reduction from 20 percent to 11 percent during the period of July to October.
Tuesday, All trade organisations and hotel-restaurant associations in Rawalpindi have rejected the federal government’s proposal to close markets, restaurants and shopping malls at 8 pm.
The traders’ associations announced not to close markets at 8 pm. The traders said that if the administration tried to use force, there will be strong resistance. The traders have threatened to stage protests, shutter-down strikes, sits-in and a march on the Parliament House if the government implemented the decision.
The traders said that the government must prepare a policy in consultation with the representatives of trade organizations and chambers. They said that decision to close shops and commercial centres at 8 pm was unacceptable.
Traders said that the government should not impose its failures, incompetence, or economic declines on the traders. They said that economic dialogue should be held with all stakeholders to get the country out of the economic morass.
They demanded of the federal government to cut 50 per cent of its expenses and slash the number of ministers and advisers to cut unnecessary expenditures. –Agencies
