ISLAMABAD: The federal government has decided to extend the deadline for gas and electricity bills by three months owning to a countrywide lockdown in Pakistan to contain the pandemic.
“People do not have to pay their gas and electricity bills immediately,” Adviser to Prime Minister on Finance Hafeez Shaikh announced on Thursday.
The government has set aside Rs1 billion to incur these losses, he added.
Shaikh, while speaking to reporters at the Prime Minister’s House, said that the government will spend Rs70 billion to make up for the decrease in petrol and diesel prices.
“We have removed all duties on food products,” he claimed, adding that the government has procured wheat worth Rs200 billion to help farmers and small landowners.
“We don’t want any contraction in the economy,” he added.
He also said that the government is going to spend Rs107 billion to refund businessmen.
“Rs30 billion will be given to the Drawback of Local Taxes and Levies (DLTL), Rs10 billion to sales tax for exporters, Rs52 billion will be spent on refund of sales tax, and Rs15 billion on duty drawback,” he added.
He said that the funds are being released and it will continue till next week.
“We are in constant contact with all provincial governments and are doing our best to help the people in these crucial times,” he added.