islamabad
The Ministry of Energy and the International Monetary Fund (IMF) mission are currently in negotiations to address the global lender’s concerns regarding the government’s solar policy.
According to sources, the government is making efforts to resolve the IMF’s reservations related to the policy.
Sources revealed that officials from the Power Division and Petroleum Division will separately brief the IMF on various issues. The Secretary of the Power Division, Petroleum Division, and Finance Secretary will be present during the briefing.
The Power Division will focus on the performance of Discos (distribution companies), circular debt, and the privatisation process.
The briefing will also cover strategies to reduce line losses, improve electricity bill collections, and curb electricity theft, Express News reported.
