ISLAMABAD: Minister In-charge for Water and Power, Syed Naveed Qamar Thursday said the electricity
tariff will have to be raised, adding however that the increase will only be up to 2 percent, Geo News
reported.
When asked if the power tariff will be hiked by 6 per cent on IMF advice, the Minister while talking
exclusively to Geo News said the price of electricity would only be raised by 2 percent.
The officials in the Ministry of Water and Power who participated in negotiations with IMF, said it is not
just IMF that is pressing Pakistan to increase the power tariff. The representatives of World Bank and Asian
Development Bank who were also part of the negotiations, want Pakistan to withdraw all subsidies besides
eliminating line losses and circular debt, they added.
