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Pakistan Muslim League-Nawaz (PML-N) president and former Pakistan prime minister Nawaz Sharif announced on Friday that the Punjab government was going to reduce electricity tariff by Rs14 per unit for users utilising less than 500 units a month for August and September.

He made these remarks while addressing the media alongside Punjab Chief Minister and his daughter Maryam Nawaz in Lahore.

Nawaz rued rising electricity tariffs and skyrocketing inflation, saying it was the Imran Khan-led PTI government that made faulty agreements with the International Monetary Fund (IMF) that led to this situation.

The PML-N president said he was aware of people’s suffering, and therefore, directed the Punjab government to make efforts to reduce inflationary pressure.

Nawaz said Maryam Nawaz had been working tirelessly to provide relief to the masses for which she deserved applause.

“Days after swearing in, Maryam reduced flour prices, which brought down the prices of Roti in the province. […] Now, she has cut her government expenses to provide a massive relief in power bills to the public.”

The former premier also announced a package of Rs700 billion to provide free solar panels to deserving families in the province.

At the outset of his press talks, the PML-N supremo criticised the PTI government for pushing the country into the ditch of inflation and unemployment after his ouster.

“My government was toppled without any reason. We, ourselves, dragged our country to the quagmire. If the development and policy of our era had continued, the country’s economy would not have been in this condition today,” he said.

Last month, PM Shehbaz had announced a Rs50-billion energy subsidy package for low-income households consuming less than 200 units of electricity.

Addressing a press conference, Federal Minister for Petroleum Musadik Malik said 86 percent of households consumed less than 200 units of electricity.

“Therefore, the prime minister retained last year’s power tariff for these households,” he added.

On July 31, PM Shehbaz had also ordered a 10-day extension for electricity bill payments.

The Power Division said the extension will apply to the due dates of electricity bills for July and August 2024, providing additional time for consumers to manage their payments.

Comments

200 characters
Toy Soldier Aug 16, 2024 05:15pm
Deliberate delay in the inevitable.
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test Aug 16, 2024 05:47pm
We must start local manufacturing of vehicles, computers, smartphones, machines, electronics, medical machinery, microchips, passenger aircrafts, satellites, advanced missile systems, submarines, jets
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Test Aug 16, 2024 06:28pm
please decrease price by atleast 20 Rs. 14 rs is also good.
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SAd Aug 16, 2024 06:58pm
People will get massive relief. From October electricity consumption willl decline till Mar'25 then some agreements will expire & we will get extra cushion because of rise in exports and remittances.
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Taimoor Aug 16, 2024 07:04pm
IMF scolds and puts Nawaz Sharif in his place in 3, 2, 1...
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T Aug 16, 2024 07:41pm
then the October bills will be inflated to cover this reductions.
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T Aug 16, 2024 07:41pm
then the October bills will be inflated to cover this reductions.
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zh Aug 16, 2024 08:10pm
It is a cheap public relations stunt. One fails to understand the authority of NS to dictate the governmental policies.
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zh Aug 16, 2024 08:16pm
@SAd, Summa summarum, a bright future is just around the corner.
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KU Aug 16, 2024 08:40pm
CM should glance at the electricity bills of public sector offices, they run into billions n envy of avg factory, when Rs.700 billion package for free solar panels is announced, plunder is assured.
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Abdullah Aug 16, 2024 11:36pm
@zh, its much more than what imran had on buzdar.
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Pakistani Aug 17, 2024 03:19am
In which capacity is Mr. Sharif making this statement?
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Pakistani Aug 17, 2024 03:22am
Reduce the free electricity given to bureaucrats, ministers, judges, forces, government offices etc. and there will be no need for these cosmetic and cheap publicity announcements.
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Aamir Aug 17, 2024 05:21am
IMF should note. This govt cannot keep any promises. Please leave us alone and do not give any more funds. Let us come out the hard way
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