ISLAMABAD: Pakistan’s main electric power regulator is likely to increase the power tariff by Rs6.1 per unit in March electricity bills, local media reported on Sunday, days after a historic hike in the prices of petroleum products.
The possible hike in power tariff will add to the burden of the masses, who are already reeling from inflationary pressures in Pakistan due to rising food and fuel prices worldwide.
The increase in power tariff will come on the back of fuel price adjustment for the month of January, as the country paid a high price for producing power from furnace oil and diesel, the Dawn newspaper reported.
“In an application, the Central Power Purchasing Agency (CPPA) has informed the power sector regulator that the net cost of electricity production was Rs12.61 per unit during the month [of January],” the report read.
“The reference fuel charges set by the National Electric Power Regulatory Authority (NEPRA) stand at Rs6.51 per unit, or kilowatt hour. The CPPA has sought an increase of Rs6.10 per unit on account of Fuel Charges Adjustment (FCA) for January.”
NEPRA has summoned a public hearing on the matter on February 28 and invited all concerned entities and citizens to present their points of view on the CPPA demand, according to the report.
The regulator generally accepts the CPPA’s demands regarding fuel price adjustment.
Pakistan earlier this week increased the prices of petrol, high-speed diesel, kerosene and light diesel oil, with petrol going up by a record Rs12.03 per liter.
After the increase of Rs12.03, petrol is now available for Rs159.86 and high-speed diesel at Rs154.15, a rise of Rs9.53.
Kerosene is being sold for Rs126.56 per liter after an increase of Rs10.08, while light diesel oil is available for Rs123.97 after a Rs9.43 hike.
The government has faced criticism for increasing fuel prices during the last few months, but top officials argue the country still offers petroleum products at the cheapest rates in the region.
Pakistan fixes prices of petroleum products on a fortnightly basis to pass on the impact of fluctuating international prices to consumers.
In January, NEPRA jacked up the power tariff by Rs4.30 per unit, allowing distribution companies (DISCOs) to charge consumers an additional fuel cost for their November 2021 bills.
After historic fuel price hike, Pakistan regulator likely to increase power tariff by Rs6.1
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After historic fuel price hike, Pakistan regulator likely to increase power tariff by Rs6.1
- Hike in power tariff will come on the back of fuel price adjustment for the month of January
- The country’s power regulator usually accepts demands regarding the fuel price adjustment
Iranian FM arrives in Pakistan to discuss Middle East situation, bilateral ties
- Seyed Abbas Araghchi’s visit takes place amid surging regional tensions between Israel and Iran
- Islamabad, Tehran have had a rocky relationship despite agreements on trade, energy and security
ISLAMABAD: Iran’s Foreign Minister Seyed Abbas Araghchi has arrived in Islamabad on a two-day official visit to hold consultations with the Pakistani leadership on the evolving Middle East situation and discuss bilateral ties with Pakistan, state-run media reported on Tuesday.
Araghchi was welcomed by Pakistan’s Additional Foreign Secretary (Afghanistan and West Asia) Ambassador Ahmed Naseem Warraich upon his arrival in Islamabad, a foreign office press release said.
Araghchi’s Islamabad visit takes place after last month’s escalation in hostilities between Iran and Israel, with both countries firing missiles at each other. Israel carried out strikes against Iran on Oct. 26, saying it was responding to missile attacks conducted by Tehran earlier in the month.
Since the deadliest attack in its history on Oct. 7, 2023, Israel has been fighting Hamas in Gaza and since late September, it has been at war with Hezbollah in Lebanon. Both Hezbollah and Hamas are allies of Iran. Pakistan, a major ally of Saudi Arabia, shares a long border with Iran.
“Iranian Foreign Minister Seyed Abbas Araghchi arrived here late Monday night on a two-day official visit to hold consultations with Pakistan’s leadership on the situation in the Middle East and bilateral relations,” state-run Associated Press of Pakistan (APP) reported.
The APP said Araghchi will meet Prime Minister Shehbaz Sharif and Deputy Prime Minister and Foreign Minister Ishaq Dar during his two-day visit.
“This visit provides an important opportunity to advance cooperation and dialogue between Pakistan and Iran on a wide range of areas including trade, energy and security,” APP said.
Pakistan and Iran have had a rocky relationship despite several commercial pacts between the two countries on trade, energy and security. Both countries signed the $7 billion Iran-Pakistan gas pipeline project agreement in 2004 but 20 years on, the project remains incomplete. Tehran has completed the pipeline’s construction on its side of the border while Pakistan is seeking a US waiver to go ahead with it due to international sanctions targeting Tehran.
Pakistan and Iran are also often at odds over instability on their shared porous border, with both countries routinely trading blame for not rooting out militancy.
Tensions surged in January when Pakistan and Iran exchanged airstrikes, both claiming to target alleged militant hideouts in each other’s countries. Late Iranian president Ebrahim Raisi visited Pakistan in April on a three-day visit aimed at strengthening bilateral relations and easing tensions. The two sides also signed memorandums of understanding in the fields of trade, science technology, agriculture, health, culture, and judicial matters.
Pakistan reports fresh polio case from Balochistan, taking 2024 tally to 46
- Poliovirus detected in male child from Killa Saifullah district, says polio eradication program
- Pakistan’s immunization campaigns suffer from misinformation campaigns and militant attacks
KARACHI: Pakistan’s southwestern Balochistan province has detected a fresh poliovirus case in a male child, the country’s polio eradication program said on Tuesday, taking the total number of cases reported this year to 46 as Islamabad struggles to clamp down on the infection.
The National Institute of Health’s (NIH) laboratory confirmed detecting the virus in a male child from Killa Saifullah district in Balochistan, the program said.
“This is the second polio case from Killa Saifullah, where several environmental samples have tested positive for WPV1,” the Pakistan Polio Eradication Program said. “So far, 23 cases have been reported from Balochistan province, 12 from Sindh province, nine from KP and one each from Punjab and Islamabad.”
Pakistan and Afghanistan are the only two countries where polio remains endemic. Since late 2018, Pakistan has seen a resurgence of cases and increased spread of poliovirus, highlighting the fragility of gains achieved in the preceding years when cases dropped in 2023 to six, from 20 in 2022 and just one in 2022. Misinformation about vaccinations and attacks by militants on polio teams have been major impediments to immunization campaigns.
At least seven people, including five school students, were killed and 23 injured in a blast in southwestern Pakistan that targeted a polio vaccination team vehicle on Friday, police said. No group has claimed responsibility for the attack. Last Tuesday, a policeman was killed in an attack on a health office that manages door-to-door polio vaccination campaigns.
The attacks have coincided with Pakistan’s third nationwide polio campaign this year, launched last week with the aim to administer vaccine drops to more than 45 million children.
Pakistani Prime Minister’s Focal Person for Polio Eradication, Ayesha Raza Farooq, has said that the government is revamping its polio eradication program to make the country free of the virus by mid next year.
“WPV1 has been detected in 76 districts, indicating widespread circulation of the virus and a continued serious risk to children’s well-being from a disease that can paralyze them for life,” the polio eradication program said.
“Multiple doses of the oral polio vaccine and completion of the routine vaccination schedule for all children under the age of five is essential to keep them protected.”
Pakistan PM says policy rate reduction to enhance business activities, boost employment
- Pakistan’s central bank slashed key policy rate by 250 basis points to 15 percent on Monday
- With fourth straight reduction since June, Islamabad aims to revive sluggish economy
ISLAMABAD: Pakistan’s Prime Minister Shehbaz Sharif has welcomed the central bank’s decision to cut the policy rate by 250 basis points, saying the move would help boost the country’s business activities and enhance employment opportunities, state-run media reported on Tuesday.
Pakistan’s central bank slashed its key policy rate by 250 basis points to 15 percent on Monday for a fourth straight reduction since June. The development takes place as Islamabad attempts to revive a sluggish, fragile $350 billion economy as inflation eases.
Monday’s move follows cuts of 150 bps in June, 100 bps in July, and 200 in September that have taken the rate from an all-time high of 22 percent, set in June 2023 and left unchanged for a year. It takes the total cuts to 700 bps in under five months.
“Prime Minister Shehbaz Sharif says the reduction in policy rate will enhance business activities, exports and employment opportunities in the country,” state broadcaster Radio Pakistan reported.
Sharif was chairing a meeting of the ruling Pakistan Muslim League-Nawaz’s (PML-N) parliamentary party on Monday when he touched upon the central bank’s move. The premier noted that inflation has reduced from an alarming 38 percent in May 2023 to 7 percent at present.
The Pakistani premier informed members of the PML-N parliamentary party about his visit to Saudi Arabia and Qatar last week, saying that “a new chapter” has been added to the Pakistan-Saudi investment partnership.
“The Saudi leadership assured all kinds of support for the stability and development of Pakistan’s economy,” Sharif said according to the state broadcaster.
The Pakistani prime minister also informed the lawmakers about his visit to Qatar, saying that the Qatari leadership also assured an increase in investment for Pakistan. He said talks were held between both sides on giving “a practical shape” to projects worth $3 billion in Pakistan.
“He said Qatar will invest in various sectors including aviation, hoteling, information technology and energy sectors in Pakistan,” the state broadcaster said. “Shehbaz Sharif said the government is taking steps on a priority basis to facilitate investment and increase foreign investment in Pakistan.”
Pakistan parliament approves bills to extend tenure of services chiefs to five years
- Extension in services of army, navy and air force chiefs follows controversial amendments to the constitution last month
- The opposition PTI party condemns the amendments for changing Pakistan “from a democracy into a monarchy”
ISLAMABAD: Pakistan’s National Assembly and Senate on Monday approved bills to extend the tenure of the army, navy, and air force chiefs from three to five years, amid protests by the opposition benches.
The office of the army chief is considered to be the most powerful in the country, with the army having ruled Pakistan for almost half of its 75-year history. Even when not directly in power, the army is considered to be the invisible guiding hand in politics and holds considerable sway in internal security, foreign policy, and economic affairs, among other domains.
Six bills were passed by the upper and lower houses on Monday evening, including one to increase the term of the services chiefs.
“In the said Act, in section 8A, in sub-section (1), for the expression “three (03)” the word “five (05)” shall be substituted,” read the bill, seeking to amend the Pakistan Army Act, 1952.
Similar bills were passed to increase the duration of the country’s naval and air force chiefs to five years also.
“The purpose of these amendments are to make consistent the Pakistan Army Act, 1952 (XXXIX of 1952) The Pakistan Navy Ordinance, 1961 (Ordinance No. XXXV of 1961) and The Pakistan Air Force Act, 1953 (VI of 1953) with the maximum tenure of the Chief of the Army Staff, the Chief of the Naval Staff and the Chief of the Air Staff and to make consequential amendments for uniformity in the aforementioned laws.”
Speaking outside parliament, the chairman of the opposition PTI party, Gohar Ali Khan, said:
“Today, democracy has been changed into a monarchy.”
Leader of the Opposition in the National Assembly, Omar Ayub Khan, said “modifying the service chiefs’ tenure is not a good thing for the country and the armed forces.”
The passage of the new bills follows controversial amendments made to the constitution last month, granting lawmakers the authority to nominate the chief justice of Pakistan, who previously used to be automatically appointed according to the principle of seniority.
The amendments allowed the government to bypass the senior-most judge of the Supreme Court, Justice Mansoor Ali Shah, and appoint Justice Yahya Afridi as the country’s top judge, replacing former chief justice Qazi Faez Isa.
The opposition and the legal fraternity had opposed the amendments, arguing that they were aimed at granting more power to the executive in making judicial appointments and curtailing the independence of the judiciary. The government denies this.
Pakistani forces kill six militants in shootouts near border with Afghanistan — military
- Pakistan’s Khyber Pakhtunkhwa province, which borders Afghanistan, has witnessed a number of attacks recently
- Pakistan blames the surge in militancy on militants operating out of Afghanistan, Kabul denies the allegations
ISLAMABAD: Pakistani security forces have killed six militants in two separate engagements in the country’s northwestern Khyber Pakhtunkhwa (KP) province, the Pakistani military said on Monday.
A militant was killed in an exchange of fire during an intelligence-based operation in North Waziristan’s Dosali area, according to the Inter-Services Public Relations (ISPR), the military’s media wing.
In the second incident, Pakistani forces intercepted a group of militants while infiltrating the country’s border with Afghanistan in the South Waziristan district. Five militants were killed as a result.
“Pakistan has consistently been asking Interim Afghan Government to ensure effective border management on their side of the border,” the ISPR said in a statement.
“Interim Afghan Government is expected to fulfil its obligations and deny the use of Afghan soil by Khwarij [militants] for perpetuating acts of terrorism against Pakistan.”
Khyber Pakhtunkhwa, which borders Afghanistan, has witnessed a number of attacks by the Tehreek-e-Taliban Pakistan (TTP) and other militant groups that targeted security forces convoys and check posts, besides targeted killings and kidnappings of law enforcers and government officials in recent months.
Pakistan has frequently accused neighboring Afghanistan of sheltering and supporting militant groups, urging the Taliban administration in Kabul to prevent its territory from being used by armed factions to launch cross-border attacks.
Afghan officials, however, deny involvement, insisting Pakistan’s security issues are an internal matter of Islamabad.
