KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
ISLAMABAD: The government is considering ending the provision of free electricity to government officials and agencies, including bureaucrats, judges and parliamentarians, according to sources from the Ministry of Energy. Facing intense public and political pressure, the federal government has decided, in principle, to develop an emergency plan within the Ministry of Energy.
According to sources privy to matters, the proposed plan also suggests that in a later phase, free petrol benefits might be withdrawn as well.
A reduction in Maximum Demand Indicator (MDI) charges for factories is also under consideration, as per the proposal. Additionally, a review of the performance of National Electric Power Regulatory Authority (Nepra) and Oil and Gas Regulatory Authority (Ogra) has been proposed.
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