{"id":470438,"date":"2025-04-04T09:01:19","date_gmt":"2025-04-04T04:01:19","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=470438"},"modified":"2025-04-04T09:01:19","modified_gmt":"2025-04-04T04:01:19","slug":"fpcci-hails-pms-power-tariff-reduction-as-eid-gift-atif-ikram-sheikh","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/fpcci-hails-pms-power-tariff-reduction-as-eid-gift-atif-ikram-sheikh\/","title":{"rendered":"FPCCI Hails PM\u2019s power tariff reduction as eid gift: Atif Ikram Sheikh"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nThe Federation of Pakistan Chambers of Commerce &#038; Industry (FPCCI) has lauded Prime Minister Shehbaz Sharif\u2019s announcement of a significant reduction in electricity tariffs, terming it an \u201cEid gift\u201d for the public and industrialists. The government has reduced electricity prices by PKR 7.41 per unit.<br \/>\nThis move is expected to alleviate the financial burden on industries and address their long-standing concerns regarding high energy costs. FPCCI President Atif Akram Sheikh emphasized that the tariff reduction, coupled with the recent decrease in the policy interest rate, will significantly resolve issues faced by industrialists.<br \/>\nHe credited the Prime Minister\u2019s task force for its effective work in facilitating this decision. FPCCI Senior Vice President Saqib Fayyaz urged industrialists to capitalize on this development by boosting exports. He mentioned that 2025 will be a year of economical growth for Pakistan.<br \/>\nFPCCI Patron-in-Chief SM Tanveer highlighted the Prime Minister\u2019s statement regarding the estimated PKR 600 billion losses due to theft within distribution companies (DISCOs). He said that the anticipated privatization of DISCOs is expected to curb these losses.<br \/>\nFPCCI officials expressed gratitude to the Prime Minister, the Chief of Army Staff, the task force, and the Special Investment Facilitation Council (SIFC) for their efforts.<br \/>\n The FPCCI is optimistic about the positive impact of these measures on Pakistan\u2019s economy, projecting continued improvement in the coming days. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD The Federation of Pakistan Chambers of Commerce &#038; Industry (FPCCI) has lauded Prime Minister Shehbaz Sharif\u2019s announcement of a significant reduction in electricity tariffs, terming it an \u201cEid gift\u201d for the public and industrialists. The government has reduced electricity prices by PKR 7.41 per unit. This move is expected to alleviate the financial burden [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-470438","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FPCCI Hails PM\u2019s power tariff reduction as eid gift: Atif Ikram Sheikh<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/fpcci-hails-pms-power-tariff-reduction-as-eid-gift-atif-ikram-sheikh\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FPCCI Hails PM\u2019s power tariff reduction as eid gift: Atif Ikram Sheikh\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD The Federation of Pakistan Chambers of Commerce &#038; Industry (FPCCI) has lauded Prime Minister Shehbaz Sharif\u2019s announcement of a significant reduction in electricity tariffs, terming it an \u201cEid gift\u201d for the public and industrialists. The government has reduced electricity prices by PKR 7.41 per unit. This move is expected to alleviate the financial burden [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/fpcci-hails-pms-power-tariff-reduction-as-eid-gift-atif-ikram-sheikh\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-04T04:01:19+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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