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EnergyPolicy

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Javeria Jacko
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💥💥Pakistan is undergoing major changes in its energy and trade policies. The government recently introduced a Rs50 billion subsidy for electricity users consuming up to 200 units per month, aiming to ease the financial strain on low-income households. This decision followed widespread backlash against a proposed 51% tariff hike, which was later reversed for protected consumers. Meanwhile, the U.S. has imposed a 29% tariff on Pakistani exports, citing a trade surplus. In response, Pakistan is considering the import of U.S. crude oil to help balance trade relations and mitigate tariff pressures. The Reko Diq copper-gold project, partly funded by the U.S. Export-Import Bank, has also emerged as a key factor in ongoing tariff negotiations. These shifts underline Pakistan's efforts to control domestic energy costs while carefully maneuvering through complex international trade challenges. #EnergyPolicy #TradeNegotiations #BinanceAlphaPoints #TariffPause
💥💥Pakistan is undergoing major changes in its energy and trade policies. The government recently introduced a Rs50 billion subsidy for electricity users consuming up to 200 units per month, aiming to ease the financial strain on low-income households. This decision followed widespread backlash against a proposed 51% tariff hike, which was later reversed for protected consumers.
Meanwhile, the U.S. has imposed a 29% tariff on Pakistani exports, citing a trade surplus. In response, Pakistan is considering the import of U.S. crude oil to help balance trade relations and mitigate tariff pressures. The Reko Diq copper-gold project, partly funded by the U.S. Export-Import Bank, has also emerged as a key factor in ongoing tariff negotiations.
These shifts underline Pakistan's efforts to control domestic energy costs while carefully maneuvering through complex international trade challenges.

#EnergyPolicy #TradeNegotiations #BinanceAlphaPoints #TariffPause
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