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Pakistan’s exports have become uncompetitive after the government doubled gas prices for in-house power generation. This increase threatens the country’s goal of reaching $60 billion in exports by 2027. The Pakistan Business Council (PBC) raised concerns in a letter to Prime Minister Shehbaz Sharif, warning that higher energy costs could damage both exports and local …
Continue reading “Rising Gas Prices Threaten Pakistan’s Export Competitiveness”
The Economic Coordination Committee (ECC) has approved a gas tariff hike for captive power plants, leaving domestic consumers unaffected. This decision aims to address the financial challenges of the gas sector while ensuring households are not burdened with additional costs. Tariff Increase for Captive Power Plants During a meeting chaired by Finance Minister Mohammad Aurangzeb …
Continue reading “ECC Approves Gas Tariff Hike for Captive Power Plants”
