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The government has delayed the decision regarding the six percent increase on power tariffs. According to a private news channel quoting sources of the Finance Ministry, the condition of six percent increase was a part to a standby programme of International Monetary Fund (IMF). Country has to arrange Rs 24 billion in case the power tariff are not upped.
There is no wheat shortage feared in the country, as 24 million tonnes of wheat produce is expected this year; accordingly, the wheat import would be uncalled for. So, the Rs 24 billion out of Rs 25 billion apportioned for wheat imports would be spent on the power subsidy, sources said.

Copyright Associated Press of Pakistan, 2010

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