Within 24 hours, the PM directs the adjustment of FAC alleviation in electricity costs.
According to the government’s announced fuel adjustment fees, the electricity bills of around 16.6 million individuals must be accurate.
Prime Minister Shehbaz Sharif. PHOTO: PID
ISLAMABAD: On Friday, Prime Minister Shehbaz Sharif ordered the power distribution firms to adjust electricity bills for up to 200 units within 24 hours in order to reflect the relief provided by the government’s recently approved fuel adjustment fee (FAC).
In order to solve the problems encountered by power customers, the premier presided over a high-level meeting and established a committee.
He noted that in order to guarantee the modification of electricity bills, the staff members of the distribution companies “should work around the clock.”
The competent authorities were directed by PM Shehbaz to promptly present him with a compliance report, terminate all employees’ leaves, and guarantee that the government’s relief measures were carried out.
In order for customers to pay their revised electricity bills in the upcoming days, he said, “the banks should likewise be mandated to remain open.”
PM Orders New adjustment Relief Electricity Bills in October 2023
The meeting was informed that it was important to ensure the relief package the PM had announced was implemented. In accordance with the fuel price adjustment, the electricity bills of about 16.6 million people are being rectified to give them relief.
PM Orders New adjustment Relief Electricity Bills
By exempting more than half of the power consumers from Fuel Adjustment Charges, Prime Minister Shehbaz Sharif has made a significant announcement that would benefit the general public.
Speaking to the media in Doha on Tuesday, he stated that there are over 30 million power users in Pakistan, 17.1 million of them will be free from the FAC, and that a plan will also be developed to relieve the burden on the other users.
According to Shehbaz Sharif, the Fuel Adjustment Charges will also not apply to 300,000 agricultural tube wells. He claimed Khurram Dastgir Khan, the minister of power, will formally unveil a procedure in this regard.
According to the Prime Minister, FAC is related to changes in fuel costs on the global market. He claimed more fuel.
The government has already eliminated the fixed tax paid on traders, according to the prime minister. According to him, after this tax is repealed, there would be a 42 billion rupee shortfall that will be filled through alternative methods rather than taxing small traders. According to him, this tax was imposed on small business owners to protect them from being blackmailed by multiple authorities, but the results of this taxing were not favorable.
According to Shehbaz Sharif, the current government’s mentality and vision are at odds with growing trader concerns. He claimed that a committee has been established to look into this issue and determine who is responsible.