Traders reject power tariff hike.

ISLAMABAD -- Former President ICCI Shahid Rasheed Butt on Saturday said trading community reject fifteen percent hike in the tariff of electricity on the behest of IMF.

Masses cannot brave the latest shock as they were already facing unemployment and unprecedented inflation, he said.

The decision, which came six days after hiking in the price of petroleum products, should be reversed immediately in the interest of masses, he said.

Shahid Rasheed Butt said that the policy of blaming the former government for everything to absolve the current administration of responsibility is no longer acceptable to masses after two and a half years in power.

He noted that government functionaries have repeatedly claimed to reduce power tariff and circular debt but the ground reality is contrary to their claims.

The government continue to avoid reforms in the dysfunctional power sector and rely on tariff hike but it has not improved the situation as...