Prime Minister Shehbaz Sharif has announced that he will soon share the “good” news of a reduction in electricity bills with the nation, noting that without a dip in electricity prices, Pakistan’s industry and agriculture cannot progress.
During a speech at the Independence Day ceremony, Prime Minister Shahbaz announced that he will also present a five-year economic plan soon.Sharif highlighted the sacrifices made by Muslims under the leadership of Quaid-e-Azam, which led to the creation of Pakistan.
He acknowledged the challenges faced by the nation over the past 77 years, including internal and external conspiracies and economic decline.Sharif addressed concerns about inflation, unemployment, and high electricity bills affecting the public. He emphasized the need to address these issues and learn from past experiences to plan for the future.
He noted that despite predictions of the country’s failure, Pakistan has persisted for 77 years and recognized the achievements of those who contributed to the country’s development.Sharif stressed the importance of moving away from dependency and aligning with Quaid-e-Azam’s principles to overcome current challenges.
The Prime Minister assured that the government is working diligently to reduce electricity prices and will provide updates on this in the coming days.He also plans to unveil a five-year economic plan, expressing his commitment to addressing inflation and lowering electricity rates to support economic growth.
Meanwhile, Prime Minister Shehbaz Sharif approved the expansion of the Privatisation Commission Board, increasing its membership from eight to eleven, following the recommendations of the Privatisation Division.
The newly added seats will be allocated to women, fulfilling the prime minister’s directive for greater female representation on significant national boards.The decision, which aligns with PM Shehbaz’s commitment to gender inclusivity, was announced during a cabinet meeting held on International Women’s Day.
The PM Office Media Wing stated that this move is part of the government’s broader vision to ensure that women have a voice in the country’s key decision-making bodies.
In addition to the expansion of the board, the cabinet directed the continuation of measures to stabilise urea fertiliser prices and ensure an uninterrupted gas supply to urea manufacturing plants beyond September 2024.
