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[ad_1] ISLAMABAD: It does not require any elaboration that people are suffering from high inflation, especially in the energy sector. There are both supply and pricing issues. It is also known that heavy currency devaluation and international commodity crisis in the context of Ukraine conflict have, in large part, contributed to these problems. The problems are becoming unbearable, although the government’s pricing policies have tried to save the poor from the brunt of energy price inflation. In the process, middle classes are suffering and falling into the ranks of the poor. The tragedy is that more is yet to come. Policymakers and administrators are at a loss as to what to do? There are a number of long-term solutions that have often been discussed, but in this piece, we will try to look for some steps, which may help reduce the misery of the people. Governments’ hands are tied under an IMF agreement. Cost has to be recovered in full from consumers, although cross-subsidy...

[ad_1] Minister for Power Khurram Dastagir has said no increase has been made in the basic tariff of electricity since September last year. Addressing a news conference in Islamabad today, he said the fuel price adjustment has also been kept at the minimal level. The Minister for Power said the feeders of Category I and II where recovery rate is more than eighty percent are facing less than two hours of loadshedding. He expressed satisfaction over the electricity generation saying Tarbela is running in full capacity. Khurram Dastagir said the government has remained successful in controlling Circular Debt. He said a major payment has been made to the IPPs in the month of June. The Minister for Power said Pakistan at present is faced with many challenges on the economic and foreign policy fronts in addition to the energy. He was confident that the people will elect to power a strong government in the next general elections which will address these problems and put the countr...