Prime Minister Muhammad Shehbaz Sharif says government has started work on 10,000 megawatts solar power projects to increase energy mix and reduce import bill.

Speaking at a conference on solar power in Islamabad today, he said solarisation will not only reduce the import bill of costly fuel but also help generate low-cost and environment-friendly electricity.

The Prime Minister said necessary steps are being taken to promote the use of solar energy at the private level while maximum government buildings in the country will be converted to solar power by April next year.

The Prime Minister said due to Russia-Ukraine war fuel prices increased at a peak level.

He said, resultantly, our circular debt also increased to 2.5 trillion rupees which is four times higher than our federal budget.

The Prime Minister said keeping in view the high prices of fuel and our economic issue, switching to solar energy is indispensable to save foreign exchange.

Commenting on IMF program, the Prime Minister said we are committed to complete the IMF program.

Source: Radio Pakistan