The government should consider the option of reducing its expenditure instead of raising the price of electricity, says President All Karachi Industrial Alliance.
Karachi Industrial Alliance President Mian Zahid Hussain has said that it has been decided to increase electricity rates from next month to overcome losses in the power sector and revolving credit.
This should be reconsidered as it will increase the burden on the people, industry, and trade, and also increase general inflation. Instead of raising the price of electricity, the government should consider the option of reducing its expenditure, of which the Percentage has increased.
Mian Zahid Hussain said in a statement that the promise not to increase rates this year could not be fulfilled and now it has been decided to make electricity more expensive from next month to revive the IMF program.
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