Monday, April 19, 2010

Power tariff need to be increased: Dr Hafeez

Power tariff need to be increased: Dr Hafeez ISLAMABAD: Prime Minister Yousaf Raza Gilani's Finance Adviser Dr Hafeez Shaikh said if power tariff was not increased we would need to arrange more money to reduce deficit and satisfy World Bank and International Monetary Fund to get $ 900 million for curbing energy crisis.

He was addressing a seminar held at National University of Science and Technology.

He stressed the need to bridge the supply and demand gap of electricity. 'Six-point agenda has been chalked out to overcome energy crisis.'

International donors will not help until power theft is stopped, the advisor said.

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