Imran Khan lambasts govt over hike in petrol price

Islamabad: Pakistan Tehreek-e-Insaf Chairman Imran Khan on Sunday lambasted the incumbent government for increasing the prices of petroleum products and power tariffs amid hyperinflation in the country.

According to details, former Prime Minister Imran Khan took to Twitter and lambasted the government that the nation starting to pay price for Imported Government’s subservience before foreign masters with 20% / Rs30 per litre hike in petrol & diesel prices - the highest single price hike in our history. The incompetent & insensitive Govt has not pursued our deal with Russia for 30% cheaper oil.

In another tweet, Imran Khan said that in contrast India, strategic ally of US, has managed to reduce fuel prices by Rs 25 per litre by buying cheaper oil from Russia. Now our nation will suffer another massive dose of inflation at the hands of this cabal of crooks.

In contrast India, strategic ally of US, has managed to reduce fuel prices by Pkr 25 per litre by buying cheaper oil from Russia. Now our nation will suffer another massive dose of inflation at the hands of this cabal of crooks.

— Imran Khan (@ImranKhanPTI) May 26, 2022

It is pertinent to mention that the federal government has decided to raise the prices of petroleum products by 30 rupees per litre, with the hike set to go into effect at midnight tonight.

This was announced by Finance Minister Miftah Ismail while addressing a news conference in Islamabad on Thursday night.

He said Prime Minister Shehbaz Sharif has taken this difficult decision in the larger interest of national economy.  He said that it is a hard decision for the government to impose such kind of burden on general public.

The Minister said that new prices include Petrol 179.86 rupees per liter, High-Speed Diesel 174.15, Kerosene 155.56 and Light Diesel 148.31 rupees per liter.

He said the government is providing 56 rupees per liter subsidy on petroleum products as the previous government had fixed these prices which caused to increase in inflation in the country.

Miftah Ismail said that IMF Program cannot be approved for Pakistan without increase in petroleum prices.