Thread by @Abidsuleri

🧵The govt of #Pakistan has found a specific #fiscal space of 250 Bln, which is being channelised to provide relief in #energy prices. Here is the break down

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2) 1.5 billion litre HSD/#Petrol consumed per day. Rs 10 per litre relief means Ra 15 billion per month.

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3) Decrease in #electricity prices @RS 5/unit (slab 2-5; all commercial) = monthly impact 17.5 billion

Four months subsidy on #petrol #diesel #electricity = Rs 130 Bln

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4) Cushion for PL, Exchange Rate, #CrudeOil price movement = 93 Bln

Cushion for electricity = 13 Bln

Four months financial impact 237 Bln.

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5) @shaukat_tarin and macro #economic advisory group team has been working on different options to provide relief to consumers. Hence todays announcement is not a knee jerk reaction to any particular event.

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