Prime Minister Shehbaz Sharif's announcement of a Rs7.41 per unit cut in electricity rates comes as a much-needed relief for households and businesses struggling with exorbitant power bills. Unlike previous targeted subsidies, this reduction is across the board, covering not just domestic consumers but also commercial and industrial ones. This is a significant move, especially for industries that have long argued that high electricity costs make Pakistani exports uncompetitive in global markets.

However,........

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