Shahbaz Rana, Kamran Yusuf and Qaiser Bengali talk show “The Review”. Photo: File
Islamabad: Analyst Shehbaz Rana says that a decision has been taken to burden the public with more than 400 billion rupees, while the Cabinet has to give final approval to the decision of the Economic Coordination Committee.
Speaking in the Express News program The Review, he said that 237 billion rupees will be collected from the public in four months, this is a huge amount, already the average price of a unit of electricity is about 27 rupees. Yes, the fuel price adjustment and the seventeen percent tax levied are apart of this.
The price of electricity per unit will be increased from Rs 3.3 to Rs 15.52, electricity bills of domestic consumers will increase by Rs 7 per unit, farmers will be charged Rs 3.30 per unit for tube wells. Subsidy has also been abolished. Now they will need electricity for about 16 and a half per unit.
Kamran Yusuf said in his speech that the IMF delegation left Pakistan and this did not result in a staff level agreement, but this does not mean that this agreement cannot be reached, it is very clear that the IMF has The government has started implementing the preconditions.
The Economic Coordination Committee has approved the increase in electricity prices to meet the most important condition for the increase in electricity prices.
Economist and member of the National Savings Committee, Dr. Qaiser Bengali, said that we think that the budget required by the army for the defense of the country is legitimate, but there are many things in the defense budget that have nothing to do with war. It has been their position that to reduce it, it is the army that will determine what is the war and non-war budget.
Fifteen percent reduction is too little, in response to a question, he said that he would not give any opinion on the recommendation to cut the pension and benefits of retired government employees, it would become a legal issue. I should be cut.
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