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Gulf stocks edge higher on oil recovery, diplomacy hopes ‘Off Campus’ S2 wraps as leaked BTS footage shakes fandom fever Rising Opioid Use Disorder crisis hits older adults Pakistan develops 'Gender Tracker' to tackle online harassment of women Bahawalpur teen plays 'Breaking Bad', arrested for poisoning father with AI help Trump’s Board of Peace recovery blueprint sets $2.45B six-month plan to rebuild Gaza Rock world in shock as Rose Tattoo frontman 'Angry Anderson' dies at 79 Massive unexploded 'WW2' bomb found near Falmouth Docks Punjab boards announce Intermediate Part-II results 2026 PM appoints Hamza Farrukh as Pakistan Climate Change Authority chair Pakistan Navy, Coast Guards foil smuggling bid in Pishukan Saudi Arabia marks 96th National Day, highlights close Pakistan-Saudi partnership Pindiz owner warns of PSL exit over Rizwan Trump meets Venezuela’s Delcy Rodriguez on UNGA sidelines Shehbaz meets Bill Gates, reaffirms push to eradicate polio ADB forecasts Pakistan growth at 3.7% for FY2027, warns of middle east risks Prime Minister Shehbaz and DPM Dar ramp up diplomacy at UN General Assembly US F-16 crashes near German air base after training exercise Pakistan foils Afghan infiltration, responds to border fire Gulf stocks edge higher on oil recovery, diplomacy hopes ‘Off Campus’ S2 wraps as leaked BTS footage shakes fandom fever Rising Opioid Use Disorder crisis hits older adults Pakistan develops 'Gender Tracker' to tackle online harassment of women Bahawalpur teen plays 'Breaking Bad', arrested for poisoning father with AI help Trump’s Board of Peace recovery blueprint sets $2.45B six-month plan to rebuild Gaza Rock world in shock as Rose Tattoo frontman 'Angry Anderson' dies at 79 Massive unexploded 'WW2' bomb found near Falmouth Docks Punjab boards announce Intermediate Part-II results 2026 PM appoints Hamza Farrukh as Pakistan Climate Change Authority chair Pakistan Navy, Coast Guards foil smuggling bid in Pishukan Saudi Arabia marks 96th National Day, highlights close Pakistan-Saudi partnership Pindiz owner warns of PSL exit over Rizwan Trump meets Venezuela’s Delcy Rodriguez on UNGA sidelines Shehbaz meets Bill Gates, reaffirms push to eradicate polio ADB forecasts Pakistan growth at 3.7% for FY2027, warns of middle east risks Prime Minister Shehbaz and DPM Dar ramp up diplomacy at UN General Assembly US F-16 crashes near German air base after training exercise Pakistan foils Afghan infiltration, responds to border fire

Inflation-hit citizens further burdened with Power tariff raise

Inflation-hit citizens further burdened with Power tariff raise

Web Desk June 14, 2024 Add Bol News as a trusted source

ISLAMABAD: Following the announcement of the Budget 2024-25, the federal government further burdened inflation-hit citizens with a Rs5.72 per unit increase in the power tariff.

The National Electric Power Regulatory Authority (NEPRA) announced that the average electricity tariff will rise from the current Rs29.78 per unit to Rs35.50 per unit. The federal government will decide whether this increase will be implemented all at once or gradually.

Previously, the basic electricity tariff was increased to Rs7.50 per unit in the current financial year, up from Rs7.91 per unit in the last fiscal year. The new surge in the power tariff will take effect from July 1.

Earlier, Minister for Finance and Revenue Muhammad Aurangzeb presented Pakistan’s budget for the fiscal year 2024-25, with a total outlay of Rs18.877 trillion.

The National Assembly (NA) session began with the recitation of the Holy Quran, followed by the national anthem. Prime Minister Shehbaz Sharif was also in attendance.

Meanwhile, opposition lawmakers from the Pakistan Tehreek-e-Insaf (PTI)-backed Sunni Ittehad Council stood on their desks, raised slogans against the government and PML-N president Nawaz Sharif, and tore copies of the Finance Bill 2025.

 

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