PM Shehbaz announces Rs4.4 cut in electricity rates for industries

PM Shehbaz announces Rs4.4 cut in electricity rates for industries

Prime Minister Shehbaz Sharif on Friday announced a Rs4.4 reduction in the per unit rate of electricity for the industrial sector in a bid to improve productivity and exports. The premier stated this during an address to the country’s major exporters and business figures at a ceremony in Islamabad, which was held to honour their contributions. “A Rs4.4 reduction is being made in the electricity unit rate for industries,” said the premier, addin…

Major relief for industry: Govt cuts power tariff by Rs4.4 per unit

ISLAMABAD, JAN 30: In a major relief move for Pakistan’s industrial sector, the government has announced a reduction of Rs4.04 per unit in electricity tariff, a step expected to significantly lower production costs and stimulate industrial activity. The government has reduced the industrial base electricity tariff from Rs33.58 per unit to Rs29.18 per unit. The decision marks a reduction of four rupees and four paisa per unit, providing direct fi…

Textile Industry Set to Gain as Government Cuts Export Financing Rate by 3% TechJuice

The Prime Minister Shehbaz Sharif has announced a 3% reduction in the Export Refinancing Scheme (EFS) rate, bringing it down to 4.5%  from 7.5%. The move aims to reduce borrowing costs for exporters and encourage higher foreign exchange inflows. According to research from JS Global, textile exporters are likely to be the main beneficiaries, given […] The post Textile Industry Set to Gain as Government Cuts Export Financing Rate by 3% appeared fi…

PM announces Rs 4.04 per unit power tariff cut for industry, incentives for exporters

Prime Minister Muhammad Shehbaz Sharif on Friday announced major relief measures for the industries and exports sectors, including a reduction in electricity tariffs by Rs 4.04 per unit and wheeling charges to less than Rs 9 for industry, alongside a significant decrease in the export refinance scheme rate from current 7.5 percent to 4.5 percent and the issuance of blue passports for the leading exporters for two years. He said the government ha…

PM Shehbaz Announces Rs4.04/Unit Cut in Industrial Power Tariff – Pashto News and Current Affairs Channel

Prime Minister Shehbaz Sharif on Tuesday announced a reduction in electricity prices for the industrial sector, aiming to support exporters and boost economic activity. The announcement was made during an awards ceremony held in honor of leading exporters and prominent business figures, where the prime minister distributed awards to individuals for their contributions to the national economy. Deputy Prime Minister Ishaq Dar and several federal m…

PM Shehbaz rolls out measures to boost industry, trade and exports

Prime Minister Shehbaz Sharif on Friday announced a series of measures aimed at strengthening Pakistan’s industry, trade, and exports. The initiatives include a 300-basis-point cut in the refinance rate for exporters to 4.5%, reductions in industrial power tariffs and wheeling charges. Addressing the country’s leading exporters and business leaders today to discuss the state of the economy and the government’s policy measures, PM Shehbaz outline…