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Islamabad–In a move to encourage power generation through alternative energy sources, Prime Minister Shehbaz Sharif on Friday announced removal of 17 per cent general sales tax on solar panels imposed by the previous PTI government, claiming that it is only way forward to reduce the country’s oil import bill that stood at $20 billion amid the fast rising prices of the US currency that has crossed the barrier of Rs200.
The announcement from the premier came during his meeting with Karachi industrialists and businessmen at CM House to discuss “key issues of economy” and “suggest measures to meet the current challenges” that has crippled the country’s financial system and put the new PML-N-led coalition government at the crossroads.
