No progress has been made between the Ministry of Finance, Energy and the IMF on relief on electricity bills.
According to Finance Ministry sources, time has been sought to implement the IMF conditions for announcing the relief.
According to sources, the IMF has demanded the withdrawal of incentives given to self-generating industries and an immediate increase in their gas rates.
Sources say that the IMF is demanding that the increase in gas rates for power generating industries be implemented from July 2023. A tariff hike plan should be provided for electricity generating industries by abolishing subsidized tariff.
According to the sources, the IMF is demanding that the power sector system be reformed to provide relief to consumers and control line losses and power theft.
According to the sources of the Ministry of Finance, the demand of the IMF is to improve the efficiency of the electricity distribution companies.
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