PM extends fuel adjustment charges exemption to 300 power units | The Express Tribune

Prime Minister Shehbaz Sharif has extended the exemption in fuel adjustment charges (FAC) for consumers who have used up to 300 electricity units.

Addressing the PML-N lawmakers in Islamabad on Thursday, the premier said around 75% electricity consumers will get relief in their August bill.

Earlier, he had waived FAC for consumers who had used up to 200 power units.

Amid protests over the inflated electricity bills, the premier admitted that relief on 200 units’ electricity bills was not sufficient “as the middle class has been eroded due to inflation”.

PM Shehbaz lamented that the government was unable to take independent economic decisions due to International Monetary Fund (IMF) programme.

“We have to take permission from the IMF even before sneezing… How unfortunate is this that we are not independent to take [economic] decisions,” he remarked while emphasising that the country needed to become economically self-sufficient to achieve prosperity.

“This should be our last IMF programme if we have to stay alive,” he added.

More to follow…

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