Pakistan's Proposed Power Prices to Lift Inflation, Help Industry ...

Pakistan's proposed power prices to lift inflation, help industry ...

Pakistan Power Tariff Overhaul May Stoke Inflation

Although inflation has since slowed to 5.8%, analysts warn the changes to power prices could add inflationary pressure. The post Pakistan Power Tariff Overhaul May Stoke Inflation appeared first on StratNews Global.

Pakistan’s proposed power prices to lift inflation, help industry, analysts say

KARACHI/SINGAPORE: Pakistan’s new power price proposals will increase inflation and shift the International Monetary Fund-mandated (IMF) subsidy cuts onto middle-class households while easing pain for industries, analysts say. The plan, ending a system where businesses subsidised household energy bills, could trigger a 1.1 percentage point jump in inflation over 12 months, Optimus Capital Management said. Analysts say the plan, which only needs …