PM Imran’s office likely to lose electricity over non-payment of bills

The supply of electricity to the Prime Minister’s (PM) Secretariat is likely to be snapped over non-payment of bills running into millions, Khaleej Times has reported.

According to reports, the Islamabad Electric Supply Company (IESCO) has also issued a notice in this regard as the secretariat currently owes the distributor over Rs4 million in power bills.

“This is a recurrent problem with the secretariat. We will cut off the power supply if dues are not paid,” reports quoted sources in the IESCO as saying and added that the dues had not been cleared despite several reminder notices being sent.

Meanwhile, the country’s annual fiscal deficit has reportedly risen to the highest in the last three decades at 8.9 per cent for the financial year 2018-19.

Fiscal deficit is the difference between revenues and expenditures of a federal government. According to reports, the deficit that increased to 8.9 per cent of Pakistan’s gross domestic product in the financial year that ended in June, was recorded at 6.6 per cent last year.

The figure that depicts the situation of the country’s crippling economy, coincides with one-year completion of the Imran Khan-led Pakistan Tehreek-e-Insaf (PTI) government.