Government Announces Major Gas Tariff Hikes and Other Key Decisions

Government hikes local gas tariff up to 173% for non-protected domestic consumers, 136% for commercial, 86% for exporters, 117% for industry.

Fixed monthly charges for protected consumers revised from Rs10 to Rs400.

Tariff hike to take effect from November 1, 2023 instead of earlier proposed October 1.

ECC approves immediate import of 200,000 tonnes of urea for Rabi season.

ECC directs planning ministry to identify savings to finance salaries of 415 ERRA employees.