• Login
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion
No Result
View All Result
Times of Pakistan
No Result
View All Result
Home Pakistan Govt.

Gas tariff to be raised in January, IMF assured

ToP by ToP
October 19, 2015
in Govt.
0
Ishaq Dar

SBP to ensure cash availability at ATMs during Eid

0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

The government has given a commitment to the International Monetary Fund (IMF) to increase gas tariff in January 2016 to recover the losses of gas utilities and to charge the cost of imported liquefied natural gas to consumers on a monthly basis. 

[contentblock id=1 img=adsense.png]

In a written statement given to the IMF, Finance Minister Ishaq Dar said that as required under “prior action” for disbursement of $506 million two weeks ago,

Ishaq Dar
Gas tariff to be raised in January, IMF assured

The government had partially recovered the losses incurred by gas companies due to delayed price notifications of fiscal year 2014-15, through increased tariff notified and implemented on Aug 31. “The remaining losses will be recuperated in the January 2016 gas price notification,” wrote the minister, adding that the government “will also make any necessary adjustments to notified prices to reflect prices of imported gas so that the cost of this gas will be fully reflected in the tariff on monthly basis”. 

[contentblock id=2 img=gcb.png]

He said the government could not notify increase in gas tariff due in July 2014 and Jan 2015 but it remained committed to a gas price rationalisation plan to encourage new investment, promote efficiency in gas use, ensure there were no fiscal costs from the gas sector and eliminate distortions from the existing gas price structure. He said the government was now gearing up to implement the plan fully.

Previous Post

Pentagon Says Al Qaeda Financier Killed in Syria Air Strike

Next Post

Zimbabwe: Elephant with big ivory tusks killed in legal hunt

ToP

ToP

Related Posts

PM tell cabinet to roll up sleeves to overcome array of challenges
Pakistan

PM tell cabinet to roll up sleeves to overcome array of challenges

by Top
April 21, 2022
PM stresses enhanced Pak-UK trade, investment ties
Pakistan

PM stresses enhanced Pak-UK trade, investment ties

by Top
April 21, 2022
Govt reduces flour price to Rs400 per 10kg, sugar to Rs70 per kg for Ramazan
Pakistan

Govt reduces flour price to Rs400 per 10kg, sugar to Rs70 per kg for Ramazan

by Top
April 20, 2022
Shehbaz Sharif given guard of honuor at PM House
Pakistan

Shehbaz Sharif given guard of honuor at PM House

by Top
April 12, 2022
Cabinet okays SBP bill, defers mini-budget
Govt.

Cabinet okays SBP bill, defers mini-budget

by Top
December 29, 2021
‘Taliban won’t allow TTP to use Afghan soil against Pakistan’
Govt.

‘Taliban won’t allow TTP to use Afghan soil against Pakistan’

by Top
August 24, 2021
Pakistan sets Five Preconditions for Resumption of talks with India
Govt.

Never Complained of Biden not Calling PM Khan: Moeed Yusuf

by Top
August 6, 2021
Next Post
Huge Zimbabwe elephant killed

Zimbabwe: Elephant with big ivory tusks killed in legal hunt

Popular Stories

  • Scarlett Johansson Nude

    Scarlett Johansson Nude in Psycho Shower Scene for Hitchcock Trailer

    0 shares
    Share 0 Tweet 0
  • Colors of state media’s electronic banners, websites’ logos changed to mourn UAE President’s demise: Marriyum

    0 shares
    Share 0 Tweet 0
  • Man in Bear Costume Caught Harassing Real Bears

    0 shares
    Share 0 Tweet 0
  • CIA Jet Crashed With 4 Tons Of Cocaine On Board

    0 shares
    Share 0 Tweet 0
  • Pakistan Mourns -National Tragedy Leaves 131 Dead, Mainly Children

    0 shares
    Share 0 Tweet 0
Times of Pakistan

About Times Of Pakistan

kralbetbetturkeyikimislibahis1xbetm.infohipas.infohttps://www.wiibet.com/restbetcdn.com

Other Categories

  • Beautiful Pakistan
  • Fashion News
  • Funny News
  • Viral Videos
  • Weird News

Recent Posts

  • Colors of state media’s electronic banners, websites’ logos changed to mourn UAE President’s demise: Marriyum
  • PM orders immediate restoration of NCOC after detection of Omicron’s sub-variant
  • Present govt does not believe in restrictions on media freedom, controversial PMDA abolished: Marriyum

Times Of Pakistan © 2021. Design & Developed by E2E Solution Providers.

No Result
View All Result
  • Home
  • Pakistan
  • International News
  • Business
  • Sports
  • Entertainment
  • Opinion

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In