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Power tariff to be increased if traders avoid early opening, closure of shops: Ahsan Iqbal

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ISLAMABAD, Jan 5  (FD): Planning, Development and Initiative Minister Ahsan Iqbal on Thursday said if the traders were not willing to open and close the shops early, the electricity would have to be very expensive at night.

In a statement, the minister said he didn t want to take strict measures in the first phase of the energy saving program, but if the traders were not willing to open and close the shops early, then electricity would have to be very expensive at night.

Rejecting PTI s white paper, Iqbal said money was coming from Saudi Arabia, while debt from China was going to be rolled over, adding Pakistan won t default.

The PML-N leader said the IMF would be completing the program and that the financial position would improve in coming six months.

He said the government had decided to privatize the state institutions.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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