PM Announces 3-Month Relief Package for Protected Electricity Consumers

PM Announces 3-Month Relief Package for Protected Electricity Consumers

Prime Minister Shehbaz Sharif announced a Rs50 billion package to provide relief of up to Rs7 per unit to around 25 million domestic consumers in the protected category for three months until September.

Details of the Relief Package

“Today, an amount of Rs50 billion has been allocated to provide relief of Rs4-7 per unit as a concession to our protected category consumers using up to 200 units a month for a three-month period from July to September. This will benefit around 25 million domestic power consumers, which constitute around 94% of the total consumer base,” the prime minister said at a ceremony addressing issues related to electricity bills and power sector reforms. For more details, visit the 14000 Ehsaas Emergency Cash Program.

Financial Measures and Commitment

He said that the federal government had scraped the said amount from its development budget to realize its commitment to public relief, contrary to the hollow claims of previous governments. The prime minister assured the people of further relief as the government achieved fiscal space through taxing the elite class, expanding the tax net, closing non-performing entities, and plugging financial leakages. For updates on new schemes, see PM of Pakistan Launch BISP New Scheme.

Government’s Efforts and Previous Administration Critique

He told the gathering of federal ministers and senior government officers that during its previous 16-month stint, the coalition government saved the country from default by prioritizing public service over politics. Referring to the PTI-led government, the prime minister recalled the unfulfilled promises of eliminating corruption within 90 days and repatriating $300 billion from abroad. He criticized the previous administration for causing financial losses through mismanaged decisions. For information on eligibility processes, visit An Ineligible Families Ensure Their Eligibility in 8171.

IMF Program and Solarization Agreement

The prime minister mentioned that the government is set to sign a three-year program with the International Monetary Fund (IMF) and had taken it on board about the relief announced for domestic power consumers. On Monday, the federal and Balochistan provincial governments reached an agreement to solarize around 28,000 tube wells in the province to save Rs80-90 billion annually. This model will also be launched in other provinces. For details on surveys, see 10500 Kafalat Dynamic Survey.

New Taxes and Financial Accountability

Prime Minister Shehbaz highlighted that new taxes have been imposed on the real estate sector to generate around Rs100 billion in the annual budget. He emphasized that the elite class must now contribute back to the country. He also mentioned the financial inefficiencies and corruption challenges that need to be addressed. For information on solar panel plans, visit Solar Panel Easy Installment Plans in Pakistan.

Frequently Asked Questions (FAQs)

1. What is the relief package announced by PM Shehbaz Sharif? The relief package is a Rs50 billion initiative to provide up to Rs7 per unit relief for domestic consumers in the protected category using up to 200 units of electricity per month.

2. Who will benefit from the relief package? Around 25 million domestic consumers, constituting about 94% of the total consumer base, will benefit from the package.

3. How long will the relief package be in effect? The relief package will be in effect for three months, from July to September.

4. How will the relief package be funded? The package will be funded by reallocating Rs50 billion from the federal government’s development budget.

5. What additional measures has the government taken for fiscal space? The government has implemented measures such as taxing the elite class, expanding the tax net, closing non-performing entities, and plugging financial leakages.

6. What agreements have been made regarding solarization? The federal and Balochistan governments agreed to solarize around 28,000 tube wells in the province to save Rs80-90 billion annually.

7. How is the government addressing financial inefficiencies? The government is imposing new taxes, particularly on the real estate sector, and addressing corruption and tax evasion issues.

8. What is the government’s plan with the IMF? The government plans to sign a three-year program with the IMF and has taken it on board regarding the announced relief for domestic power consumers.

9. Why is the government imposing new taxes on the real estate sector? New taxes on the real estate sector are expected to generate around Rs100 billion in revenue.

10. What is the significance of the solarization initiative? The solarization initiative aims to reduce financial losses due to non-payment of power bills and promote sustainable energy solutions.

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