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As economy turns the corner, PM announces massive power tariff cut Following a consensus with the International Monetary Fund (IMF), Prime Minister Shehbaz Sharif on Thursday announced a reduction in power tariffs for domestic and industrial consumers by Rs7.41 and Rs7.69 per unit, respectively. He termed it as an Eid gift, albeit a “small one,” and urged the business community to boost exports and contribute to the national exchequer by paying their due taxes. The premier promised a further reduction in power tariffs next month after implementing structural reforms in the loss-ridden power sector. He emphasized that the economy required a “surgical operation” rather than temporary fixes. “This is giant step towards fulfilling promise as made in the party’s manifesto and announced by Muhammad Nawaz Sharif before the elections that we will gradually achieve milestones of economic stability in the country,” the prime minister said while making the much-awaited announcement at the well-at...
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NewsDaily

·   Prime Minister announced power tariff cuts of Rs7.41/7.59 per kwh for domestic/industrial consumers ·   The announcement, backed by IMF consensus and funded through partial cross-subsidy mechanisms, is anticipated to drive down costs April’25 onwards ·   Notably, with grid tariffs anticipated to decline to ~PkR28/kwh (excluding GST), we expect a significant shift by industrial captive users towards the national grid. PM announces tariff cuts: In a move aimed at reviving industrial activity and reducing inflationary pressures, the Prime Minister announced a power tariff cut of Rs7.41/7.59 per kwh for domestic/industrial consumers. The announcement, backed by IMF consensus and funded through partial cross-subsidy mechanisms, is anticipated to drive down costs April’25 onwards. More specifically, the cut stems from negative adjustments to the following heads (illustrated in adjacent table): QTA, FCA, cross-subsidies funded by higher PDL and gas levy on CPPs and savings f...
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Fire and Blood

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the maesters of the itadel who keep the histories of Westeros have used Aegon’s Conquest as their touchstone for the past three hundred years. Births, deaths, battles, and other events are dated either AC (After the Conquest) or BC (Before the Conquest). True scholars know that such dating is far from precise. Aegon Targaryen’s conquest of the Seven Kingdoms did not take place in a single day. More than two years passed between Aegon’s landing and his Oldtown coronation…and even then the Conquest remained incomplete, since Dorne remained unsubdued. Sporadic attempts to bring the Dornishmen into the realm continued all through King Aegon’s reign and well into the reigns of his sons, making it impossible to fix a precise end date for the Wars of Conquest. Even the start date is a matter of some misconception. Many assume, wrongly, that the reign of King Aegon I Targaryen began on the day he landed at the mouth of the Blackwater Rush, beneath the three hills where the city of King’s...
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