The Economic Coordination Committee (ECC) on Tuesday deferred a hike in electricity tariff, Information Minister Fawad Chaudhry said in Islamabad.
Speaking at a press conference together with Minister for Planning and Development Khusro Bakhtiar, Chaudhry said that currently the power tariff was not being increased.
The minister was briefing the media after a meeting of the ECC in Islamabad. He said the prices of electricity would be revised after presentation of a report by the auditor general.
Earlier, Finance Minister Asad Umar presided over the ECC meeting, which allowed export of one million metric tonne surplus sugar.
It approved issuance of salary for the month of August 2018 to the employees of Pakistan Steel Mills. The ECC also accorded approval to revised cess rates of tobacco.
Moreover, the meeting directed formation of a special committee comprising members from Finance, Power Division, Auditor General of Pakistan, Ministry of Petroleum and FBR to address various issues relating to K-Electric.
Published in Daily Times, October 3rd 2018.
