Pakistan hikes petrol and diesel prices amid public outcry over inflation
Pakistan Increases Fuel Prices Amidst Criticism
The Pakistan government has announced a rise in fuel prices, with high-speed diesel increasing by PKR 2.96 per litre and petrol by 56 Pakistan paisas per litre. The new prices are PKR 252.66 for petrol and PKR 258.34 for diesel. These changes are part of regular adjustments based on global market trends and local economic conditions. This is the second price hike in a month, with a total increase of PKR 12.14 per litre over the past six weeks.
Opposition parties, including Pakistan Tehreek-e-Insaf (PTI) and Jamaat-e-Islami, have criticized the government for these increases, arguing they add to the financial burden on citizens. Jamaat-e-Islami leader Hafiz Naeem-ur-Rehman condemned the price hikes, stating they are unjustified given the global decrease in fuel prices. He also accused the government of mismanaging the situation, particularly in light of Pakistan International Airlines' ongoing privatization issues.
Doubts Revealed
PKR
PKR stands for Pakistani Rupee, which is the currency used in Pakistan, similar to how we use Indian Rupees (INR) in India.
Opposition parties
Opposition parties are political groups that are not currently in power. They often challenge and criticize the decisions made by the ruling government.
PTI
PTI stands for Pakistan Tehreek-e-Insaf, which is a political party in Pakistan. It was founded by Imran Khan, a former cricketer and politician.
Jamaat-e-Islami
Jamaat-e-Islami is an Islamic political party in Pakistan. It focuses on promoting Islamic values and principles in the country's governance.
Hafiz Naeem-ur-Rehman
Hafiz Naeem-ur-Rehman is a leader in the Jamaat-e-Islami party. He is known for speaking out on political and social issues in Pakistan.
PIA
PIA stands for Pakistan International Airlines, which is the national airline of Pakistan. Privatization challenges mean the government is trying to sell it to private owners, but facing difficulties.
Your email address will not be published. Required fields are marked *