PTI government announces important decision over hike in power tariffs

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PTI government announces important decision over hike in power tariffs

Finance Minister Shaukat Tarin link has said there will be no increase link in power tariff link, vowing that an inclusive and sustainable growth over a long period of time is his government’s policy.

Addressing a budget webinar in Islamabad on Sunday, the finance minister said when the PTI government took power; our economy was going through a crisis. However, Prime Minister Imran Khan took big decisions in a bid to revive the economy, he added. He said the government took special steps to appreciate the value of the rupee.

Tarin blamed Covid-19 pandemic for posing threat to the government’s efforts regarding economic revival. He said despite the corona onslaught, the government promoted the construction sector and revived more than 40 industries linked to this sector.

The finance minister said besides the resurgence of the economy, there was an improvement in tax collection and foreign exchange reserves.