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Govt hikes petrol, diesel prices by Rs24.03 and Rs59 per litre

Finance minister Miftah Ismail says the government had no choice but to "pass on" the impact of international prices to consumers in Pakistan

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Govt hikes petrol, diesel prices by Rs24.03 and Rs59 per litre
GNN Media: Representational Photo

Islamabad: Federal Finance Minister Miftah Isamil on Wednesday announced yet another hike in petroleum prices.

Addressing a press conference, he said the new prices would come into effect from midnight tonight

Starting from June 16, the price of petrol will be Rs233.89 per litre, diesel will be Rs263.31, kerosene oil will be sold for Rs211.43, and the price of light diesel oil will be Rs207.47, the minister said.

At the outset of the press briefing, Miftah criticised the previous government's policies that, according to him, "deteriorated the country's economy".

"Imran Khan had deliberately reduced the prices of petrol by giving subsidies," Miftah said.

The finance minister maintained the incumbent government was bearing the brunt of that, adding that currently, Pakistan, on every litre, was bearing a loss of Rs24.03 on petrol, Rs59.16 diesel, Rs39.49 kerosene oil, and Rs39.16 on light diesel oil.

He said that in May, this loss had gone past Rs120 billion — three times greater than running the expenses of the civil government, which amounts to Rs40 million.

The government has raised the petrol price by more than Rs84 per litre in the last 20 days.

Business

AJK govt presents Rs 163.7 billion budget

The development budget has been increased by Rs. 2 billion as compared to the previous financial year.

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AJK govt presents Rs 163.7 billion budget

Mirpur: The government of Azad Jammu & Kashmir Saturday presented its maiden budget with an estimated outlay of Rs.163.7 billion for the next financial year 2022-23.

In the budget, an amount of Rs.135.2 billion has been allocated for recurring expenditure whereas a chunk of Rs. 28.5 billion has been allocated for development expenditure.

The development budget has been increased by Rs. 2 billion as compared to the previous financial year.

The budget proposes a 15 percent Disparity Reduction Allowance, an increase in the revised pay scale, and a 15 percent increase for pensioners.

The development budget includes Rs1.8 billion for public health, Rs 2.17 billion for education, and 12 billion for communication.

Presenting the budget for the financial year 2022-23 in the Azad Jammu Kashmir Legislative Assembly which met in the State metropolis on Saturday, the AJK Finance Minister Abdul Majid Khan said that the total expenditure for the next financial year has been estimated at Rs 135.20 billion.

He said that total development expenditure was estimated at Rs 28.50 billion.

Moreover, the minister said that an amount of 500 million has been proposed in terms of foreign aid.

Revised budget for the financial year 2021-22, amounting to 135.7 billion was also presented in the legislative assembly.

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World Drug Day being observed today

This year's theme was to curb the spread of misinformation on the topic and to encourage the exchange of facts related to drugs.

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World Drug Day being observed today

Islamabad: The International Day Against Drug Abuse and Illicit Trafficking or World Drug Day was marked on June 26 every year around the globe with an aim to strengthen action and cooperation in achieving the goal of a world free of drug abuse.

As in other parts of the globe like every year, World Drug Day would also be marked in Pakistan on Sunday to raise awareness of the major problem that illicit drugs represent to society.

This day was supported by individuals, communities and various organizations all over the world. The aim of celebrating World Drug Day was to highlight the harmful effects of drugs.

The focus this year was to curb the spread of misinformation on the topic and to encourage the exchange of facts related to drugs.

Drug trafficking was a growing crime in Pakistan and police and the Ministry of Narcotics and anti-narcotics forces were cracking down on it on a daily basis.

Various events like motor car and bike rallies, drug awareness stage dramas and drug awareness walks, banners, steamers, panaflexes at Airports, Railway Stations, Bus Addas, Roads, Chowks, Traffic Signals and other important public places were being held all over the country, to mark the day.

He said in addition to these awareness activities, ANF also arranged display of banners, steamers, panaflexes at Airports, Railway Stations, Bus Addas, Roads, Chowks, Traffic Signals and other important public places.

Further, Awareness Video messages have also been played on LEDs installed at Airports, Railway Stations, important chowks, Bus Addas, Shopping Malls and other prominent places throughout the country.

Similarly, the Ministry of Narcotics Control and United Nations Office on Drugs and Crime (UNODC) Pakistan has also organized walk and cycling rally to commemorate the World Drug Day on Sunday here at Gulshan e Fatima Park, Margalla Road.

The event would be attended by Dr Jeremy Milsom Country Representative UNODC and DG Anti Narcotics Force (ANF).

The event would be attended by counterparts, senior government officials, the international community, students from schools, colleges, civil society and the general public.

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Afghan health official warns of disease outbreak among earthquake survivors

"The people are extremely needy for food and clean water"

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Afghan health official warns of disease outbreak among earthquake survivors

Kabul: Thousands affected by a deadly earthquake in eastern Afghanistan are in need of clean water and food and are at risk of disease, an Afghan health ministry official said on Sunday, days after a U.N. agency warned of a cholera outbreak in the region.

At least 1,000 people were killed, 2,000 injured and 10,000 homes destroyed in Wednesday s earthquake, after which the U.N. humanitarian office (OCHA) warned that cholera outbreaks in the aftermath are of particular and serious concern. 

"The people are extremely needy for food and clean water," Afghanistan s health ministry spokesperson Sharafat Zaman told Reuters, adding officials had managed medicines for now but handling those who had lost their homes would be a challenge.

"We ask the international community, humanitarian organisations to help us for food and medicine, the survivor might catch diseases because they don’t have proper houses and shelters for living," he said.

The disaster is a major test for Afghanistan s hardline Taliban rulers, who have been shunned by many foreign governments due to concerns about human rights since they seized control of the country last year.

Helping thousands of Afghans is also a challenge for countries that had imposed sanctions on Afghan government bodies and banks, cutting off direct assistance, leading to a humanitarian crisis even before the earthquake.

The United Nations and several other countries have rushed aid to the affected areas, with more due to arrive over the coming days.

Afghanistan s Taliban administration called for a rolling back of sanctions and lifting a freeze on billions of dollars in central bank assets stashed in Western financial institutions. read more

In Kabul, hospitals more used to treating victims of war have opened their wards to earthquake victims, but a majority of people remain in the areas destroyed by the earthquake.

"Our houses were destroyed, we have no tent... there are lots of children with us. We have nothing. Our food and clothes...everything is under rubble," Hazrat Ali, 18, told a Reuters team in Wor Kali, a village of the hardest-hit Barmal district.

"I have lost my brothers, my heart is broken. Now we are just two. I loved them a lot," he said.

SOURCE: Reuters

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