Power tariff likely to increase in June

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The government has decided to again increase power tariff by 2 percent once again in June.
Quoting sources a private television channel stated that electricity price has already reached Rs 7.08 per unit and further increase in prices would add to the miseries of the consumers.
They also claimed that Rs 12 billion subsidy on electricity will be withdrawn in line with the programmes presented by international financial institutions and it will add Rs 2.10 trillion to the government exchequer.
Sources said that currently, Pakistan Electric Power Company (PEPCO) is being given Rs 1.9 trillion subsidy.