Business

Govt to Seek IMF Approval for Electricity Bill Exemption in Flood-Hit Areas

The government has moved to provide a one-month exemption on electricity bills for citizens affected by recent floods.

Prime Minister Shehbaz Sharif has directed the finance minister to engage with the International Monetary Fund regarding a relief package on electricity bills for flood-affected areas, sources told ProPakistani.

Discussions with the IMF are expected to also focus on a proposal to waive one month of electricity bills for residents of regions hit by recent flooding, the sources said.

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The planned relief will cover both urban and rural consumers in areas severely impacted by the disaster, the sources added.

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Business Desk