Announcement Of A Reduction In Electricity Price
The ceremony for reducing electricity rates is underway, Prime Minister Shehbaz Sharif will announce the reduction in rates soon.
According to Express News, the government had decided to reduce electricity rates in order to provide convenience to the people and reduce the burden, which is expected to be announced later today at the ceremony.
Prime Minister Shehbaz Sharif, Deputy Prime Minister Ishaq Dar, Energy Minister Owais Leghari, Azam Nazir Tarar, Atta Tarar and other ministers and officials are participating in the ceremony.
In his address, Prime Minister Shehbaz Sharif said that today, on the occasion of Eid, I have come to tell a little good news for the economic development and stability of Pakistan. By the grace of Allah, the promise that Nawaz Sharif had announced in the PML-N manifesto has been fulfilled.
He said that when he took over the responsibility of the government, the country was about to default, the IMF was not ready to listen to anything, the entire nation was afraid of how the situation would turn out, we have traveled a very difficult journey and brought the country out of default.
Those who talked about Pakistan’s bankruptcy were dying of joy that Pakistan would now remain bankrupt, but this did not happen, these were the same people who made an agreement with the IMF and broke it.
The Prime Minister said that I openly admit the fact that in this whole process, Army Chief General Syed Muhammad Asim Munir and his colleagues, I and my team had full support and played a key role.
Shahbaz Sharif said that in the past, the high electricity rates made people unemployed, the person paying the electricity bill used to think how to buy medicine for the child? This is an era full of sacrifices of the people,
Today I want to give a small gift to the nation, I would like to thank the nation, our leader Nawaz Sharif had said in his mission that inflation would be brought to single digits in 2026, but this promise was fulfilled in 2025 itself, the price of petrol decreased by 38 percent in one year, the price of petrol is the lowest in this entire region.
He said that this year, they are going to increase revenue collection by 35 percent, last year this rate was 30 percent, this will reduce borrowing, it is better that we generate our own income.
He said that the high price of electricity is an obstacle like the Himalayas in the path of development, our agriculture, exports and industry cannot develop at all,
