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ISLAMABAD: The International Monetary Fund (IMF) has once again directed the government to give OGRA the power to determine the sale price of gas, asking the government to disassociate itself from gas tariff implementation.
According to a report by private TV Geo News, according to a senior government official, the government’s disassociation from gas tariff implementation will help avoid further increase in gas revolving debt, which is now at the level of Rs 29,000 billion. However, it has arrived.
Pakistan has to restore relations with the International Monetary Fund for the new loan program. The IMF also reminded government officials that by January 1st, the gas tariff for self-consumption power plants will also have to be brought to par with RLNG power plants.
According to the report, a senior government official told The News that during the caretaker government, the Economic Coordination Committee (ECC) approved a decision under which OGRA was given the power to fix the sale price of gas, which is now Couldn’t even.
It was also stated in the decision that the government will not interfere in this matter and in 40 days it will be decided which type of consumers will be given subsidized tariff.
