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Opposition leaders batter PTI govt for unbridled fuel, sugar prices

The Pakistan Tehreek-e-Insaaf (PTI) government faced unstoppable criticism over "abnormal" surge in the prices of commodities on Friday.

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Opposition leaders batter PTI govt for unbridled fuel, sugar prices
GNN Media: Representational Photo

Key leaders from mainstream opposition parties either flooded twitter or addressed press confernences to grill economic policies of the government.

Former Prime Minister Shahid Khaqan Abbasi and former minister Ahsan Iqbal went on to say that Rs53 per kilogram sugar was being soold in Rs150, while Rs97 are going into the pockets of the government.

They said no one is holding 40 percent owners of sugar industry accountable for the crisis.

The PML-N leaders advised the government to amidt its failure to run the affairs of the country and resign.

Ahsan Iqbal saod the price of fuel was around $65 per barrel on average in 2018, but over the course of three years, the rate had risen by around merely $2 or three per cent to $67.

He said in May 2018, when his party completed its term in the government and the PTI was elected, petrol was being sold at Rs87 per litre, adding the price had increased drastically in just three years to reach around Rs145 per litre.

PPP Chairman Bilawal Bhutto Zardari, in his tweet said, the government raised petrol prices by Rs10.5 on October 16 that was a single largest increase ever.

"The PM says no more increase in petrol prices, but on November 5 at 1:30am, the government has increased petrol in the dead of night by Rs8 almost 20 hours in less than a month."

He said the PPP had protested in the National Assembly and Senate today.     

PPP Senator Sherry Rehman was of the view that PM Imran Khan is deceiving the people by jacking up the prices in the name of relief.

Reacting to the price hike, PML-N President Shehbaz Sharif said the incumbent government had surpassed all limits of incompetency, inefficiency and corruption.

Noting that it would lead to a rise in inflation, Shehbaz said it had become difficult for people to live.

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