Concerns over increase in gas tariffSeptember 6, 2015
Karachi: Jawed Suleman, Chairman (Pakistan Readymade Garment Manufacturers & Exporters Association concern over increase of 23 percent in gas tariff from Rs448 per MMBTU to Rs600 for the industry, power sector and domestic consumer.
He said that government should reduced rates as in international markets prices of petroleum items declining, whereas, in Pakistan its available in highest rates.
He said the industrial sector was already facing the excessive Gas Infrastructure Development Cess (GIDC), which increased cost by $0.96 per MMBTU while this increasing would badly affect the industrial sector. Besides, this will direct affect to the common person because of using daily basis items he added.
He stated that the value added textile sector already disturbed because of utilities and not taking actual benefits from GSP+ which is an alarming situation for the govt.