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Explanation: The increase in inflation in the United States would cause electricity costs in Pakistan to rise.

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Electricity contracts between Independent Power Plants (IPPs) and the federal government not only involve capacity costs, but also have a significant impact on the economy and the financial well-being of the population. These contracts are closely linked to the inflation rate and the value of the US dollar.

Startling disclosures have emerged regarding the exorbitant electricity tariffs in Pakistan. The Council of Economic and Energy Journalists Sage, representing the institute, provided a briefing to leading journalists in Karachi.

According to the information provided, the electricity rate component in Pakistan experienced a 253 percent increase from 2019 to 2024 as a result of inflation in America.

The data presented in the briefing indicates that the capacity charges in Pakistan were Rs3.26 per unit in 2019 and climbed to Rs10.34 per unit in 2024.

The capacity charges imposed on the public incorporate the effects of both US inflation and domestic inflation.

Due to the rise in the country’s interest rate, the interest payment for energy has climbed by 343% during a span of four years. Over the course of four years, the working capital of IPPs caused a 716 percent increase in the cost of power per unit.

The electricity rate has increased by 12 to 20 percent, with 70 percent of the charges being capacity charges.

SDPI experts recommended the government to adopt a centralised tariff policy rather than a universal electricity tariff strategy.

The power generation capacity amounts to 23,000 megawatts.

As a result of the increase in solar power generation in the country, the capacity charges will have an additional adverse impact on the residents.

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Bushra Bibi and Imran Khan are accused of inciting the PTI’s protest confrontations on November 24.

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Top leaders of the Pakistan Tehreek-e-Insaf (PTI), including Imran Khan, the party’s founder, and his wife Bushra Bibi, are facing charges related to their alleged participation in the violent demonstrations on November 24.

The protest was found to have violated anti-terrorism regulations, leading to the first legal action after the disturbances at the Taxila police station.

In addition to major PTI members including opposition leader Omar Ayub, Khyber Pakhtunkhwa (KP) Chief Minister Ali Amin Gandapur, PTI’s Aleema Khan, and Senator Azam Swati, the case, which is lodged under multiple accusations, names over 300 people. The court document also names Shehryar Riaz and Taimur Masood as other leaders.

During their altercations with the police, demonstrators damaged government property, including cars and motorcycles, according to the accusation.

Another disturbing charge against the accused is the kidnapping and torture of a police driver who was allegedly detained by demonstrators before being freed.

Section 144 breach, interference with government activities, and damage to both public and private property are among the charges in the case, which is designated as No. 2594.

It is also alleged that the demonstrators caused major disturbances by obstructing roads and igniting unrest with sizable crowds.

On November 24, convoys departed for Islamabad as part of the PTI’s continuing campaign, which included the protests.

From Khyber, the convoy reached Punjab under the leadership of Chief Minister Ali Amin Gandapur.

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The KSE-100 is getting closer to the 100,000 level thanks to bullish momentum.

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At 98,164.24 points, the benchmark KSE-100 Index is just 1,800 points away from the much-anticipated 100,000 level and is approaching a historic milestone.

Favorable macroeconomic indicators and high investor confidence have propelled the index’s bullish momentum as of 9:47 a.m. today.

The KSE-100 had a significant increase of 469.84 points, or 0.48%, on Friday, closing at 97,798.23 points. Market optimism was indicated by the index’s quick spike to an intraday high of 99,623.03 points.

Analysts have increased their estimates, predicting that by the end of 2025, the KSE-100 might rise to 120,000. Continued improvements in macroeconomic conditions, such as declining bond yields, are anticipated to be the main drivers of this spike since they are bringing more liquidity to the equities market.

Following the drop in bond yields, mutual funds have made about $132 million in investments in Pakistani stocks since January 2024. This influx of funds is considered a favorable indicator of investor sentiment.

The market has also risen as a result of the State Bank of Pakistan’s decision to reduce interest rates by a total of 700 basis points, from 22% in May 2024 to 15% now.

The All-Share Index, which measures the overall market, also showed robust gains. With a net increase of 280.51 points, or 0.44%, it was at 62,376.87 points. Expectations of additional growth in the equity market are being bolstered by this encouraging trend.

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Pakistani WhatsApp users are experiencing disruptions.

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The Pakistan Software Houses Association (P@SHA) cautioned the government about the dire repercussions of internet shutdowns and a potential ban on virtual private networks (VPNs) just before Saturday, when internet users across Pakistan encountered major issues connecting to WhatsApp.

Downdetector, an outage tracking tool, said that 207 complaints peaked in a single hour, mostly on Saturday at 10 PM. 67% of those impacted said they had trouble sending messages, especially media files, while 16% said they had trouble receiving them.

While there were sporadic issues in Khyber Pakhtunkhwa, Punjab saw the most severe disruptions in the Meta-owned messaging service.

Although the precise cause of the disruption was not disclosed, users’ complaints about the sudden WhatsApp outage mostly concerned the inability to transfer media files, prompting internet service providers to come under fire.

Since there was no official statement, some users conjectured that the disruptions were related to the Pakistan Tehreek-e-Insaf’s (PTI) widely reported demonstration in Islamabad on Sunday.

WhatsApp outages are now commonplace in the nation, especially during important occasions like PTI demonstrations.

These disruptions have always been ascribed by officials to technical issues or damage to underwater cables.

PTI-affiliated accounts launched a campaign on X (previously Twitter) on Saturday, pushing Elon Musk, the owner of X and the CEO of SpaceX, to launch Starlink in Pakistan.

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