“Country may face ‘more electricity load-shedding’ in July,” warns PM Shahbaz
After Pakistan failed to clinch a deal for natural gas supply for next month, Prime Minister Shahbaz Sharif warned of increased electricity load shedding in July.
Addressing the National Assembly members of PML-N and allied parties, Prime Minister Shahbaz Sharif said that oil and gas prices have gone up all over the world, we are working for it but there are many difficulties, in July. We did not get tendered gas ships, all the gas was bought by Europe.
“It is quite possible that load shedding will increase for a few days in July. We are planning to have a minimum load shedding, but gas is scarce and the previous government was getting gas at $3 but the then government of PTI did not buy it,” he added.
He further said that the same gas that was signed for a long term at $13 during Nawaz Sharif’s tenure is working today, adding that, “If Nawaz Sharif had not bought that gas, we would have suffered immensely.”
It was the irrational, low-mindedness of then government that did not take advantage of these things and plunged Pakistan into crisis.
Agreement is about to be reached with the IMF
He said that an agreement was about to be reached with the IMF. They set strict conditions but the previous government complied with them and then flouted those conditions.
The Prime Minister said that he did not have the courage to appeal to the rich people to come and bear the burden of the poor man.