Will PTI government sccumb to IMF pressure?
ISLAMABAD – Will PTI government sccumb to IMF pressure of raising electricity tariff.
International Monetary Fund (IMF) is mounting pressure on Pakistan s government to hike electricity tariff, media has reported.
As per details garnered, delegation of IMF paid visit to headquarters of National Electric Power Regulatory Authority (NEPRA) and reviewed current laws and reforms of the body.
Sources privy to development told our correspondent that IMF expressed grave reservations over line losses, non-payments and soaring deficit.
The delegation inquired why final authority to hike power tariffs rests with the federal govt. The delegation also asked why summary aimed at increasing electricity power was not implemented thus far.