Power consumers likely burdened as govt mulls Rs1.25/unit increase – Wajobz

Power consumers likely burdened as govt mulls Rs1.25/unit increase – Wajobz

Power consumers are likely to face further economic burden as The National Electric Power Regulatory Authority (NEPRA) has indicated the possibility of allowing Power Distribution Companies (DISCOs), including K-Electric, to collect an additional Rs1.25/unit under quarterly tariff adjustment from consumers in their utility bills for December 2023, January, and February 2024. During a public hearing … Read more

Workers’ remittances increase by 11.5% in October – Wajobz

Workers’ remittances increase by 11.5% in October – Wajobz

A currency exchange dealer counting $100 bills in a machine in this undated picture. — AFP/File SBP says inward remittances stood at $8.8 billion from Jul-Oct.  Remittances increased by 9.6% on YoY basis. Analyst credits crackdown against hundi/hawala for increase.  KARACHI: The remittances from the overseas workers were recorded at $2.5 billion in the month of … Read more