From Our Correspondent
LAHORE: Pakistan Industrial & Traders Associations Front (PIAF) has appreciated the government’s plan to reduce electricity tariff, urging the authorities to also provide gas at uniform rate across Pakistan to ensure affordable cost of doing business in the country.
PIAF chairman Irfan Iqbal Sheikh welcomed the commitment of the newly-appointed Adviser to PM for Finance, Revenue, and Economic Affairs Dr Miftah Ismail to cut power tariffs within next 10 days, stating that the government’s move will lower the cost of doing business. During a meeting with a delegation of industrialists Chairman PIAF Irfan Iqbal sheikh along with senior vice chairman Tanveer Ahmed Sufi and vice chairman Kh. Shahzeb Akram, argued that the high cost of doing business is hindering Pakistan in achieving its export target.He also demanded for a uniform gas tariff, since Punjab faces a higher rate than the one in Sindh.
The PIAF chairman expressed the hope that the government will keep an active vigilance on early completion of all energy projects in time and there will be 100% uninterrupted supply of gas and power to industries as early as possible. He lamented that the previous government did not facilitate the maintenance of old power plants which caused several system constraints inflicting heavy losses.