PESHAWAR
\nThe business community and traders in Khyber Pakhtunkhwa here Saturday warmly praised the Prime Minister\u2019s recent electricity relief package that provided relief to the entire nation.
\nThe announcement, made on Thursday, is being hailed as a significant move to foster industrialization, business, and agriculture across the country.
\nHaji Afzal, President of the Small Traders Association Peshawar, expressed that Prime Minister Muhammad Shehbaz Sharif had won the hearts and minds of every Pakistani with his historic relief package for electricity consumers.
\nHe said KP was facing challenge of loadsheding and emphasized that the people of Khyber Pakhtunkhwa, especially traders, businessmen, industrialists, as well as farmers, stand to gain immensely from the initiative.
\nUnder the package, the Prime Minister has announced a reduction of Rs7.41 per unit in electricity rates nationwide, aiming to ease the financial burden on citizens grappling with high electricity bills. Notably, industries will benefit from a larger discount, with electricity prices reduced by Rs7.59 per unit.
\nAshfaq Khan, President of the Pabbi Traders Association Nowshera, also congratulated the nation, particularly the people of Khyber Pakhtunkhwa and former FATA regions.
\nHe commended the Prime Minister and his financial team for their efforts in securing this substantial power rate reduction, noting that convincing the International Monetary Fund (IMF) for such a cut was no small feat.
\nAshfaq Khan stressed that the package would boost industrial development across the country, providing relief to domestic consumers from Chitral to Karachi and Waziristan to Gilgit.
\nHe added that the relief package would play a crucial role in reviving struggling industries in KP and promoting growth in nascent industries, essential for thriving in today\u2019s competitive landscape.
\nMuhammad Zilakat Malik, former Chairman of the Economics Department at the University of Peshawar, also lauded the power relief initiative, calling it a breath of fresh air for both domestic and industrial consumers.
\nHe expressed hope that citizens would recognize the importance of electricity conservation and help the government in exposing electricity theft.
\nBusiness figures like Nusrat Khattak, a steel businessman, and Sajjad Khan, a general merchant, joined the chorus of support, describing the power relief package as historic.
\nBoth praised the Prime Minister\u2019s leadership, believing that the move would steer the country toward progress and development, earning widespread admiration for his commitment to the people\u2019s welfare.<\/p>\n","protected":false},"excerpt":{"rendered":"
PESHAWAR The business community and traders in Khyber Pakhtunkhwa here Saturday warmly praised the Prime Minister\u2019s recent electricity relief package that provided relief to the entire nation. The announcement, made on Thursday, is being hailed as a significant move to foster industrialization, business, and agriculture across the country. Haji Afzal, President of the Small Traders […]<\/p>\n","protected":false},"author":2,"featured_media":456359,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":{"0":"post-470754","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-peshawar"},"yoast_head":"\n