Gas And Electricity Prices Will Not Increase Until June, Govt announces

It has been decided by the federal cabinet that the prices of gas and electricity will remain unchanged until the announcement of the next fiscal budget in June.

According to the details, the cabinet further tasked the concerned ministries with reducing taxes on the utility bills in order to provide some relief to the inflation-hit people of Pakistan.

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While chairing the meeting of the federal cabinet in Islamabad, Imran Khan—the Prime Minister of Pakistan directed the managing director of the Utility Stores Corporation to get edible oil and ghee from the factories set up in the erstwhile FATA and AJ&K as these factories were exempted from all taxes and the USC could get their products at lower rates for consumers in other parts of Pakistan.

“PM Khan had directed the ministries of power and petroleum that no increase will be made in gas and electricity tariffs and [asked them to] come up with a comprehensive plan in the next cabinet meeting on how taxes on utility bills could be withdrawn,” government’s spokesperson Dr Firdous Ashiq Awan said at a post-meeting press conference.

She further said that Prime Minister Imran Khan wants an ‘out-of-the-box solution’ on how to minimize the bills of gas and electricity. “PM Khan wanted that minimum burden of leakage, line losses and theft be transferred to the common man,” she added.

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