What to watch next
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Formal notifications from the Power Division and NEPRA
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Applicability by industrial consumer category
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Final treatment of losses and voltage-level charges
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Whether further cross-subsidy unwind follows in the next budget
Announcements shape sentiment.
Notifications shape invoices.
Bottom line
This package is neither a silver bullet nor a sideshow. It is a partial but directionally correct adjustment—one that lowers a structural cost for industry and supports exporters at the margin. Whether it translates into sustained export growth will depend less on speeches and more on follow-through, governance reform, and execution.
Without reforms, relief fades.
With reforms, relief compounds.
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