ISLAMABAD: Moving swiftly to meet prior actions of the IMF programme, the Economic Coordination Committee (ECC) of the Pakistan cabinet approved imposition of a special financing surcharge of 3.39 PKR per unit in average power tariff, in addition to quarterly tariff adjustments of up to 3.21 PKR per unit for a year and recovery of pending fuel cost adjustments of up to 4 PKR per unit for about three months.

While the financing surcharge would remain a regular part of average base national tariff, the two other tariff adjustments would sometimes be overlapping simultaneously and fluctuating at other times, reports Dawn news.