Govt working on targeted power subsidies: PM

Published December 29, 2020
Prime Minister Imran Khan on Monday said that the government was working on targeted subsidies for the provision of cheaper electricity to consumers. — Photo courtesy Prime Minister's Office Twitter
Prime Minister Imran Khan on Monday said that the government was working on targeted subsidies for the provision of cheaper electricity to consumers. — Photo courtesy Prime Minister's Office Twitter

ISLAMABAD: Prime Minister Imran Khan on Monday said that the government was working on targeted subsidies for the provision of cheaper electricity to consumers.

He said that as energy sector was very important for country’s economy, the government’s focus was on fulfilling the energy needs of all sectors.

Presiding over a review meeting on energy sector, the prime minister directed for the utilisation of all resources to provide cheaper electricity to consumers.

The prime minister was given a detailed briefing about the current situation of energy sector and he expressed his satisfaction.The prime minister was also apprised of improvement in power distribution system as well as the current situation of circular debt.

Power Minister Umar Ayub Khan told the meeting that due to renewable energy policy the confidence of investors had increased and they were showing deep interest of investment in the sector.

Published in Dawn, December 29th, 2020

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Ties with Tehran
Updated 24 Apr, 2024

Ties with Tehran

Tomorrow, if ties between Washington and Beijing nosedive, and the US asks Pakistan to reconsider CPEC, will we comply?
Working together
24 Apr, 2024

Working together

PAKISTAN’S democracy seems adrift, and no one understands this better than our politicians. The system has gone...
Farmers’ anxiety
24 Apr, 2024

Farmers’ anxiety

WHEAT prices in Punjab have plummeted far below the minimum support price owing to a bumper harvest, reckless...
By-election trends
Updated 23 Apr, 2024

By-election trends

Unless the culture of violence and rigging is rooted out, the credibility of the electoral process in Pakistan will continue to remain under a cloud.
Privatising PIA
23 Apr, 2024

Privatising PIA

FINANCE Minister Muhammad Aurangzeb’s reaffirmation that the process of disinvestment of the loss-making national...
Suffering in captivity
23 Apr, 2024

Suffering in captivity

YET another animal — a lioness — is critically ill at the Karachi Zoo. The feline, emaciated and barely able to...