Discover and read the best of Twitter Threads about #gasinfrastructure
Most recents (1)
The Pakistani government has decided to use all legal means to recover PKR 447 billion in unpaid Gas Infrastructure Development Cess (GIDC) from commercial and industrial entities.
Read 🧵 below 👇
Read 🧵 below 👇
The Supreme Court of Pakistan ordered the recovery of all GIDC accrued by 2020-21 and suspended future GIDC until all outstanding amounts were recovered. However, 3,194 petitions in various high courts are hindering the recovery of PKR 420 billion.
The government may also lose the power to collect GIDC if it fails to carry out development projects, such as pipelines from Turkmenistan, Iran, or from Karachi to Lahore, depending on the international and political environment.
