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Friday, March 30, 2012

Power tariffs go up, again!

Due to higher prices of oil in the international market, the government increased power tariff again effective from March 1. This rise in power tariff is the fourth time in a year! Although the attempt will reduce the subsidy amount of the government for this sector, however, it will surely add up to ongoing higher inflation regime experiencing by the whole economy.

So, consumers will be warmed up by higher prices of electricity surely, although it's not sure whether they will be cooled down by higher supply of electricity.

Here is the link of the news.  

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