Skeletor returns...![]()
Electricity base tariff to drop by Rs1.14/unit as govt moves to ease power costs
ISLAMABAD - The federal government is all set to slash the national average base electricity tariff by Rs1.14/unit from the previous Rs32.73/unitwww.nation.com.pk
^Again for a country that is going to touch 266 mn people this year...
Barely a quarter of India's per capita electricity consumption, yet they say India is faking GDP and is much more destitute despite being a largely energy-efficient service sector-centric economy
Don't believe me?
Translates to $2.4 bn after artificially manipulating PKR at 280 for 3 years, ~12 times less per capita than poor Indians, in a country of again, 266 mn biomass that claims services is ~60% of their "GDP". This sector doesn't need much electricity, just like banking and financial services sector, which again I'll update later. Less said about tech and non-tech services, the better.
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So... entire banking sector of trillion dolla undocumented economy of paxtan yields a combined revenue of $8-9 billion, and to make it worse, it too is because of artificial manipulation of exchange rates otherwise it would've been below that to $7bn as it was before... Which means the entire BFSI sector makes a gigantic ~$9 to 10bn in revenue in a country of 266 million (biomass). That is 55 to 60 times less than India which fakes GDP and is much poorer than their asian tiger economy of paxtan.
Same banana republic that claims "services" is ~60% of it's GDP, a sector that doesn't consume much electricity as industries do... yet per capita electricity consumption, as mentioned above is now barely a quarter of India. Even then there's an important caveat... their electricity consumption is predominantly residential, so while their per capita electricity consumption might be a quarter of India, their industries are barely consuming 6 times less than Indian industries adjusted for population (per capita).
The new Vedanta aluminium refinery in Odisha alone will consume more electricity than all pakistani industries put together, just for context.

But I was told they're only marginally worse than India, which has more hunger and sem2sem income levels, when reality is their GDP per capita is realistically and visibly not even a quarter of India. If they stop making up GDP out of thin air (informal sector), and manipulating exchange rates.








