Islamabad: When asking for the name of India, former Pakistani Prime Minister Imran Khan once again slammed the Shehbaz Sharif government after the Federal government raised the price of gasoline and diesel with PKR 30 per liter.When criticizing the government, Imran said that the “insensitive government” had not pursued an agreement made by the Pakistani Tehreek-E-Insaf (PTI) party with Russia for 30 percent of cheaper oil.
He then praised India, said the US strategic ally had succeeded in reducing the price of fuel with PKR 25 per liter by buying oil that was cheaper than Russia.”The nation began to pay prices for imported government compliance in front of foreign masters with an increase in gasoline and diesel prices of 20% /RS30 per liter – the highest single price increase in our history. The incompetent & insensitive government has not pursued our agreement with Russia for Russia for Russia for Russia for Russia for Russia 30% of oil is cheaper, “Imran Khan said in a tweet.
“Conversely, India, US strategic allies, has succeeded in reducing fuel prices with PKR 25 per liter by buying oil that is cheaper than Russia. Now our country will suffer from large doses of inflation in the hands of these criminals,” he said in another tweet.Pakistan on Thursday raised the price of petroleum products by PKR 30 per liter, which stated that the decision was taken to ensure the revival of the International Monetary Fund Program (IMF).
The price of gasoline will be at PKR 179.86, diesel at PKR 174.15, kerosene oil in PKR 155.56 and light diesel at PKR 148.31, the Dawn newspaper reported.Minister of Finance Pakistan Miftah Ismail made an announcement at a press conference in Islamabad where he said the government had no other choice but raising prices, adding that “we still experience the loss of PKR 56 per liter in diesel” even below the new price.
Recognizing that the Shehbaz Sharif government was aware of the political impact of the decision, he added, “We will face criticism but the state and its interests are important for us and it is necessary for us to save him.”In addition, Ismail said Pakistan could go to the “wrong direction” if the steps were not taken. The decision was difficult for Prime Minister Shehbaz Sharif, he added.This price increase occurred after talks between the Pakistani and IMF governments in Doha.
This discussion aims to reach an agreement on the policy at the end of the IMF’s seventh review of the USD 6 billion program for Pakistan, which has been stopped since the beginning of April according to media reports, the IMF has made the condition of a conditional program that is commencement to the reversal of the fuel and energy subsidies that are introduced By the previous PTI government, which was said to have been not sustainable.