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Tag: cut

Historic High: Pakistan Stock Market Soars Post Electricity Cut

Pakistan Stock Exchange rose 1.48% during intraday trade on Friday reaching an all-time high of 120,000 points after inflation fell to a five-decade low and electricity prices for both residential and industrial users were reduced.The market ignored the harsh reality of the USA's "Liberation Day", slapping import tariffs across the…

Historic High: Pakistan Stock Market Soars Post Electricity Cut

Pakistan Stock Exchange rose 1.48% during intraday trade on Friday reaching an all-time high of 120,000 points after inflation fell to a five-decade low and electricity prices for both residential and industrial users were reduced.The market ignored the harsh reality of the USA's "Liberation Day", slapping import tariffs across the…

Pakistan’s Electricity Rate Cut: Impact & Benefits Revealed

Pakistan has finally announced some relief for electricity consumers in the country, who have been struggling with skyrocketing bills in recent years. The government has reduced power tariffs by PKR7.41 per unit for consumers (18% reduction) and PKR7.59 per unit for industries (17% reduction).The announcement has the IMF's assent and…

Pakistan’s Electricity Rate Cut: Impact & Benefits Revealed

Pakistan has finally announced some relief for electricity consumers in the country, who have been struggling with skyrocketing bills in recent years. The government has reduced power tariffs by PKR7.41 per unit for consumers (18% reduction) and PKR7.59 per unit for industries (17% reduction).The announcement has the IMF's assent and…