Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb on Friday said the federal government was allocating Rs 4 billion to promote E-bikes and Rs 2 billion for roll-out of energy-efficient fans in the country to cut carbon emissions from transport sector and increase the energy consumption. The Finance Minister in his speech unveiling the Budget 2024-25 said Pakistan was facing adverse impacts of climate change and the government was working on initiatives to promote climate mitigation efforts.

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