Rise in electricity prices: Federal government takes the final decision

Rise in electricity prices: Federal government takes the final decision

ISLAMABAD – Federal government has taken the final decision over the prices of electricity in Pakistan.

The Economic Coordination Committee (ECC) was held in Islamabad under the Chairmanship of Finance Minister Asad Umar.

ECC has decided against increasing the price of electricity, Information Minister Fawad Chaudhry said Tuesday.

Fawad Chaudhry was addressing a press conference alongside Federal Minister for Planning, Development and Reforms Khusro Bakhtiar in Islamabad.

Bakhtiar said the previous Pakistan Muslim League-Nawaz (PML-N) levied indirect taxes on consumption that burdened the public. He added that the former government secured $32 billion when global oil prices fell.

“Where did those 32 billion dollars go? The public didn’t get the benefit and the PML-N government did not even take public into confidence over its so-called development projects,” he said.