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Middle-class To Bear Brunt Of Power Price Hikes As Industries Benefit, Say Analysts
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Middle-class To Bear Brunt Of Power Price Hikes As Industries Benefit, Say Analysts
A worker of Peshawar Electric Supply Company (PESCO) climbs up a high-voltage pylon in Peshawar, Pakistan, August 7, 2017. — Reuters Plan ends system where businesses subsidised household bills. Move may trigger 1.1 percentage point jump in inflation in year. Industrial groups say high prices erode export competitiveness. The federal government’s new power price proposals will increase inflation and shift the International Monetary Fund-mandate…
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