ISLAMABAD, Jun 3 (APP):Minister for Science and Technology, Shibli Faraz on Thursday criticized the previous governments of Pakistan Muslim League-N, for making expensive agreements with
Independent Power Producers (IPPs). The people had to face multiple challenges in different sectors due to malpractice of PML-N leaders, he said while talking to a
private television channel.
The previous government of PML-N, was responsible for weak economy and slow growth rate in every sector, he added.
Appreciating the policies of ruling party, he said Pakistan Tehreek e Insaf (PTI),t government after coming into power took hard decisions for revival of economy. He further stated that the government had renegotiated with IPPs to normalize the prices in electricity sector.
The incumbent government, he said has to return billions of rupee interest over massive loan borrowed by the last governments. He said, we are trying to balance the capacity payments in power sectors.
Replying to a question, Senator Shibli Faraz said the government will announce new package in power sector so that more utilization of electricity units could be made possible for general public.