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The IMF has approved a Rs. 1 per unit reduction in Pakistan’s electricity tariff, providing nationwide relief. The adjustment will be funded through the levy on captive power plants, easing the burden by Rs. 100 billion. Consumers using up to 500 units may see a Rs. 500 reduction in their bills. The decision follows Pakistan’s staff-level agreement with the IMF on a $1.3 billion loan.
Jamaat-e-Islami has demanded a reduction in income tax rates for the salaried class, highlighting that Rs391 billion has already been collected from them in the first nine months of the…
Pakistan’s inflation rate dropped to 0.28% in April 2025 — the lowest level in 60 years — driven by falling food, transport, and utility costs. The Consumer Price Index saw…