Governor Sindh Kamran Tessori has said that in the coming months, foreigninvestment of 20 to 25 billion dollars is expected from friendly countries.
Efforts are being made to provide relief to the public through the IMFprogram, and the dollar is expected to decrease further. Along with foreigninvestment, many relief measures will be implemented.
After meeting with business leaders in Karachi, he spoke to the media,stating that efforts are being made to support Pakistan’s economy, and weall want the economy to thrive and provide comfort to the common people. Atthis time, we are stuck in the IMF’s web, and despite our desire, we areunable to provide relief to the public.
However, the government is making efforts to provide relief to the publicthrough the IMF program. I said two days ago that the dollar will dropbelow 300, and now the dollar is expected to drop even further. Asignificant investment of 25 billion dollars from friendly countries is onthe horizon in the next few months, which will bring us many reliefmeasures.
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Provincial Minister for Energy Mohammad Ali mentioned that in the past twoweeks, we have seen the dollar decreasing. Crackdowns against smuggling areunderway, electricity theft cases are being pursued, and transfers ofofficers involved in electricity theft are happening. Due to electricitytheft, people are receiving inflated bills. In the future, efforts arebeing made to control electricity rates and stop electricity theft.
Discussions have taken place with Pakistani business leaders to run theindustry. New tariffs will be introduced before October 31 to provide cheapelectricity to the industry, especially during the winter. Extra gas willbe supplied to run industries during the cold season. The government ismaking every effort to reduce electricity prices.
