To impose the taxes, the government would introduce a finance bill or ordinance, depending on the situation at the time, he said. “Secondly, we will implement the agreed-upon energy reforms through the federal cabinet,” he said, adding that the primary focus would be on minimising untargeted subsidies and reducing the “flow” in the gas sector to zero so there was no addition to the circular debt. Talking about electricity prices, Dar said the country’s generation cost was around Rs 2-3 trillion while only Rs 1.8 trillion was recovered, which resulted in an increase in either the circular debt or fiscal deficit. However, the entire difference in amount would not be recovered by increasing the tariff, he said. Talking about the precarious foreign exchange reserves situation, the minister said commitments with friendly countries would be fulfilled and inflows would be received.