Govt prepares to increase basic electricity tariff by 95 paisas

Dunya News

Business

The government is preparing to increase the basic tariff of electricity by 95 paisas

ISLAMABAD (Dunya News) – The government is preparing to increase the basic tariff of electricity by 95 paisas as per the conditions of the International Monetary Fund (IMF).

According to sources, on consumption of 100 units of electricity, per unit 8 paisas increase is suggested while using 101 to 200 units, a hike of 18 paisas per unit has been recommended.

On consuming upto 300 units, the suggested increase will be 48 paisas per unit while utilizing 301 to 700 units, the per unit 95 paisas raise has been suggested.

The document further recommended to end the overall subsidy of Rs20 billion.