Economic crisis haunts PoK as Pakistan ends electricity subsidy

The mountanous area, that has been illegally occupied by Pakistan, is blessed with water sources and is a self-dependent area in electricity manufacturing however nonetheless individuals of PoK are craving for electricity Image Courtesy AP

Muzaffarabad (Pakistan): Even as Pakistan reels from a extreme financial crisis, the individuals of Pakistan-occupied Kashmir (PoK) have been hit by a double whammy.

According to a report by information company ANI, the federal government of Pakistan has put an finish to the subsidy on electricity for PoK that has been illegally occupied by Pakistan for the final seven a long time.

The tariff was revoked by the Pakistan authorities by way of the one-sided settlement draft issued to the PoK administration.

In PoK, electricity is generated from rivers the water and therefore, the Pakistani authorities is attempting to generate income by way of gas value by imposing KESCO Tariff in PoK. Now electricity would value from 16 to 22 rupees per unit in PoK.

The mountanous area, that has been illegally occupied by Pakistan, is blessed with water sources and is a self-dependent area in electricity manufacturing however nonetheless individuals of PoK are craving for electricity.

Pakistani media outlet ‘Siasat Edit’ reported the one-sided order by the Pakistan authorities is a violation of the WAPDA settlement between the Federal and PoK administrations.

However, the authorities in PoK have reportedly taken a powerful stand in opposition to the unilateral motion by the Pakistan authorities.

The complete electricity requirement in PoK is 350MW. However, the area produces greater than 4000MW of electricity by way of Pin Electricity Projects.

The Pakistan financial crisis has seen the Pakistani rupee plunge to a document low in opposition to the US greenback whereas gas and gasoline costs are at an all-time excessive.

Pakistan can also be affected by a extreme lack of important objects such as meals and medicines and the electricity crisis is barely including to the issues of the frequent individuals.

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