Mass protests continue over inflated electricity bills in Pakistan ...Middle East

Starting on Saturday, widespread demonstrations have taken place due to excessively high electricity bills. Over the span of approximately a year, Pakistan's average electricity tariff has surged by 76% due to its adherence to regular adjustments as part of its commitment with the IMF. The government finds itself compelled to raise power prices to counterbalance a nearly 5% depreciation of the rupee against the dollar that occurred in August, resulting in a record low exchange rate.

Hence then, the article about mass protests continue over inflated electricity bills in pakistan was published today ( Monday 28/08/2023 - 06:56 PM ) and is available on The Times of India ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Mass protests continue over inflated electricity bills in Pakistan )

Also on site :

• Bank of England must plan for a financial crisis triggered by Aliens, says former policy expert
• Former UK police officer stripped of citizenship after moving to Russia
• Russia to launch rival to Elon Musk’s Starlink – space chief