The government accepted another tough condition from the IMF | Pro IQRA News

The government accepted another tough condition from the IMF

 | Pro IQRA News

Pro IQRA News Updates.

Web Desk: The federal government met another strict condition from the International Monetary Fund (IMF) and struck a chord with the public.

The Economic Coordination Committee has approved collecting Rs 3 trillion 35 billion annually from consumers to cover losses, pay debts and provide financial support in the power sector.

A charge of three rupees eighty two paise per unit will be levied on electricity consumers. According to the Economic Coordination Committee, the revenue from the surcharge will be paid to the power generating companies.

The surcharge will apply until the fee is paid to the federal government. The surcharge will also apply to electricity consumers. The electricity supplement applies from 2023-24 onwards.

According to the sources, it has been decided to increase the electricity prices of K Electric in two ways, under which a uniform tariff will be applied for the consumers. The unit will be expensive.

Electricity will cost Rs 1.4 per unit for customers with 100 units of K Electric and Rs 3.2 per unit for customers with 700 units, while electricity will cost Rs 4.45 per unit for temporary residential customers and Rs 4.45 per unit for industrial customers.

It has also been decided to increase electricity rates by Rs 1.55 on a quarterly basis for K Electric customers, apart from this it has been decided to increase the quarterly rates for K Electric customers from July 2022 to September 2022 and from March 2023 to May 2023. has passed

Electricity will increase by Rs 1.55 per quarter for customers with 100 units of K Electric and Rs 1.55 per quarter for industrial customers.

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