Govt weighing options to give relief to power consumers amid protests against inflated bills

09:42 AM | 29 Aug, 2023
relief in electricity bills
Source: File Photo

ISLAMABAD – The interim government led by Prime Minister Anwaarul Haq Kakar is weighing options to provide relief to people burdened by inflated electricity bills, as thousands took to the streets against the exorbitant bills.

As inflation-weary people blocked key arteries and attacked Wapda employees in several parts of the country, the country is drawing up a strategy to cut power tariffs.

Amid widespread outcry, and calls for civil disobedience, the government mulled taking steps to reduce the power bills. PM Kakar called an emergency meeting and Ministry of Energy has reportedly finalised the proposals aimed at the reduction of power tariff.

PM Kakar earlier ordered authorities to come up with a plan within 2 days to provide relief to the power consumers, who are fuming over the grim situation.

As protests continue unabated, opposition parties including Jamaat-e-Islami (JI), and even members of the former ruling alliance PPP and MQM called for protests against the move.

Daily Pakistan Global Web Desk


Pakistani rupee exchange rate against US dollar, Euro, Pound and Riyal - 29 Feb 2024

Pakistani rupee remains stable against US dollar in the open market on February 29, 2024 (Thursday).

US Dollar rate in Pakistan

In the open market, the US dollar was being quoted at 279.1 for buying and 282.35 for selling.

Euro currently stands at 303 for buying and 306 for selling while British Pound rate stands at 352 for buying, and 355.5 for selling.

UAE Dirham AED hovers at 76 whereas the Saudi Riyal saw slight increase, with new rates at 74.3.

Today’s currency exchange rates in Pakistan - 29 Feb 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar USD 279.1 282.35
Euro EUR 303 306
UK Pound Sterling GBP 352 355.5
U.A.E Dirham AED 76 76.7
Saudi Riyal SAR 74.3 75.1
Australian Dollar AUD 181 183
Bahrain Dinar BHD 743.11 751.11
Canadian Dollar CAD 207 209.2
China Yuan CNY 38.82 39.22
Danish Krone DKK 40.69 41.09
Hong Kong Dollar HKD 35.7 36.05
Indian Rupee INR 3.37 3.48
Japanese Yen JPY 2.1 2.18
Kuwaiti Dinar KWD 907.32 916.32
Malaysian Ringgit MYR 58.49 59.09
New Zealand Dollar NZD 173.05 175.05
Norwegians Krone NOK 26.36 26.66
Omani Riyal OMR 725.68 733.68
Qatari Riyal QAR 76.74 77.44
Singapore Dollar SGD 207 209
Swedish Korona SEK 27.04 27.34
Swiss Franc CHF 317.76 320.26
Thai Bhat THB 7.76 7.91


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