On Tuesday (January 3), Pakistan, facing financial difficulties, announced that it would be closing markets, malls, and wedding halls earlier than usual in order to conserve energy. This decision is part of the country’s energy conservation plan, as the government struggles to boost the economy.
On Tuesday, Pakistan’s cabinet ministers approved the National Energy Conservation Plan, aimed at reducing energy consumption and decreasing the country’s reliance on imported oil.
In an effort to save money and reduce energy consumption, the Pakistani government has implemented a series of measures. According to Defence Minister Khawaja Asif, malls and markets in the country will now close at 8:30 pm, while wedding halls will close at 10:00 pm. This is expected to save the government approximately Rs 60 billion.
Additionally, the production of incandescent bulbs will be stopped as of February 1, while the production of inefficient fans will be halted starting in July. These measures are expected to save an additional Rs 22 billion.
The government is also making the use of conical geysers mandatory within the next year. These geysers use less gas and are expected to save the government Rs 92 billion. The use of alternative streetlights will save an additional Rs 4 billion.
To further reduce energy consumption, the government plans to implement a policy for employees to work from home in the next 10 days. All government buildings and offices will also be required to reduce energy use.
These measures are being taken as part of the government’s plan to reduce energy consumption and save money. The Defence Minister stated that these actions will help the country to achieve its goals and improve its overall financial situation.
As Pakistan struggles to overcome its current economic crisis, the country’s defense minister has announced that the government plans to implement measures to conserve electricity and reduce the import of fuel. During a press conference, the minister stated that the cabinet aims to save 30% of the electricity used by government departments, which would result in a cost saving of approximately Rs 62 billion. Additionally, electric motorcycles will be introduced by the end of 2023 in an effort to cut fuel imports. These measures are being implemented immediately and will be closely monitored by the cabinet.
Climate change minister Sherry Rehman, who was also present at the press conference, emphasized the importance of addressing climate change issues and urged businesses to cooperate in implementing these energy-saving measures. The defense minister highlighted that the cabinet meeting earlier that day was held in full sunlight, with no lights turned on, as an example for the rest of the country to follow.
The decision to implement energy-saving measures comes just a day after the National Security Committee determined that the revival of the economy is crucial for national security. Inflation in Pakistan is predicted to remain high, at 21-23%, and the fiscal deficit has increased by more than 115% in the first four months of the current fiscal year. It is clear that finding ways to reduce costs and increase efficiency is of paramount importance for the country’s economic stability.
As Pakistan works to overcome its current economic challenges, it is essential that the government and businesses alike take steps to reduce energy consumption and decrease reliance on fossil fuels. The introduction of electric motorcycles and the goal to save 30% of government electricity usage are promising steps in this direction. By working together, Pakistan can not only improve its economic situation but also contribute to the global effort to combat climate change.