ENERGY plays an important role in accelerating economic growth inasmuch as it serves as an important element in providing food, shelter, healthcare facilities, safe water, sanitation, education and access to jobs to either an individual or group or the whole community.

The levying of carbon surcharge on POL products at fixed rates was the decision of the government of Pakistan and the International Monetary Fund (IMF) did not ask for its imposition as conditionality under the Stand-by Arrangement (SBA).