Cheap electricity key to prosperity, says PM as power theft swells to Rs 500bn

Author: Agencies

PM Shehbaz Sharif on Tuesday reaffirmed strong commitment to transforming Pakistan into a prosperous robust nation through collective efforts of all segments of society, working together as a team.

In his opening remarks at the federal cabinet meeting, he said that teamwork is essential for achieving success. He stressed the importance of learning from past mistakes and moving forward with relentless day-and-night efforts to build the nation envisioned by Muhammad Ali Jinnah. This year on Independence Day, he said, the entire nation will reaffirm its commitment to working tirelessly for the country’s progress. Separately, the PM said that the government is focused on providing low-cost electricity as it is “inevitable” to steer the country out of prevailing crisis, besides introducing reforms to achieve economic stability. “Our sole focus is to reduce power prices to provide relief to domestic consumers, agriculture, industry, exports and business sectors. This is inevitable to steer the economy of prevailing issues.

He told the participants that the government would publicly recognise the Discos members and heads who would put in their maximum efforts to bring improvements, but those failing to do so would neither be spared nor would remain part of the team. He said through a lengthy process, the government had appointed competent, experienced people in Discos on merit by doing away with political appointees. He said the newly appointed chairmen, members had great challenges ahead which necessitated working hard day and night to purge the Discos of corruption. He said the power theft had swelled to around annual Rs500 billion.

Share
Leave a Comment

Recent Posts

  • World

Nepal plans to limit Everest permits to experienced climbers

Nepal is planning new rules to limit Mount Everest permits only to climbers who have…

3 hours ago
  • Lifestyle

Alizeh Shah breaks silence, says trolls are affecting her health

Actor Alizeh Shah opened up emotionally on Instagram about the toll online trolling has taken…

3 hours ago
  • Pakistan

Fawad Chaudhry warns India and criticizes PTI leadership

Former minister Fawad Chaudhry warned that Pakistan would strike back hard if India launched any…

3 hours ago
  • Sports

Salman Ali Agha hopes for Islamabad vs Lahore final in PSL 10

Islamabad United all-rounder and Pakistan’s T20I captain, Salman Ali Agha, shared his dream final for…

3 hours ago
  • Pakistan

Pakistan blames India for terrorism, reacts strongly to Pahalgam accusations

Pakistan’s military spokesperson Lt Gen Ahmed Sharif Chaudhry accused India of sponsoring terrorism in Pakistan…

3 hours ago
  • World

Restaurant fire in China’s Liaoning province kills 22, sparks safety concerns

A deadly fire broke out at a restaurant in Liaoyang City, Liaoning Province, on Tuesday,…

3 hours ago