Pakistan's National Task Force for power sector initiates reforms, including privatization and competitive market, to reduce electricity prices, address circular debt, and improve availability.

Pakistan's National Task Force for the power sector is implementing reforms to reduce electricity prices and improve availability. Led by Energy Minister Owais Laghari, the initiative includes privatizing distribution companies and creating a competitive power market for consumers. These efforts address a $9.5 billion circular debt and aim to enhance economic growth, transparency, and access to affordable electricity, responding to public protests over high bills.

October 30, 2024
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