The government on Monday gave its approval for a hike in electricity tariff for Karachi by Rs5 per unit.
The decisions were made by the Economic Coordination Committee (ECC) of the cabinet, headed by Finance Minister Ishaq Dar.
The consumer prices will increase around Rs5 per unit, including the applicable taxes and charges.
The committee approved a summary on the application of uniform tariff to K-Electric (KE) consumers by way of tariff rationalisation, according to the finance ministry.
It green-lighted tariff rationalisation for KE by way of adjustments that would be applicable to the consumption in April, May and June 2023, which would be recovered from consumers over three months (July, August and September 2023 respectively).
Pakistan is already facing a tough economic situation; however, it seems that citizens of Karachi will be facing even tougher times owing to the massive price hike in electricity tariff.
Moreover, to add insult to injury, Karachiites have to endure the prolonged and extended duration of load-shedding up to over 12 hours in parts of the city that too in the sweltering weather.
