After economic crisis and hunger in Pakistan, now another disaster has broken out.
Petrol and diesel prices are now touching the seventh sky in Pakistan, which is facing the death of inflation. The view of the epidemic has become common in Pakistan and instead of improving, this situation is going to worsen from tomorrow. The Shahbaz government has increased the prices of petrol and diesel to get a cheaper loan from the IMF. This decision of Shahbaz government has increased the difficulties of the public.Please tell that in the last 20 days the price of petrol and diesel has increased by Rs 57 per liter in Pakistan. Last month on January 29, the government increased their prices by Rs 35 per liter and petrol became Rs 249.80 per liter while diesel became Rs 262.80 per liter.
Now it has been decided to increase it again by Rs.22.20. After which the price of one liter of petrol in Pakistan has increased to Rs 272. Along with this, the price of high-speed diesel has been increased by Rs 17.20, after which it has now become Rs 280 per litre. Apart from this, light diesel will be Rs 196 per liter.The government has announced an increase of Rs 12.90 not only in petrol and diesel but also in the price of kerosene. Due to which its price has gone up to Rs 202.73 per litre. The new prices will be implemented from 12 midnight on 16 February 2023.
Apart from petrol-diesel, the prices of cooking gas have also forced the people of Pakistan to cry. On Tuesday, Finance Minister Ishaq Dar has decided to increase the price of gas for domestic use by 112 per cent, and has sealed the new price at Rs 1,650 per MMBTU. Inflation in Pakistan can be gauged from the price of food items in the country.
Flour Rs 120/kg
Rice Rs 200/kg
Milk Rs 210/Litre
Potato Rs.70/kg
Tomato Rs 130 / kg
Chicken Rs 780/kg
Pakistan’s foreign exchange reserves are almost empty like Sri Lanka’s. In the last week, it has come down to less than $3 billion, that is, to put it plainly, it is not enough to run the country even for a month. Pakistan has become unable to import everything from food items to petroleum products. Due to which Pakistan has extended its hands in front of many countries for help.But none is working for him. In such a situation, all the hopes of Pakistan are now resting only on the IMF. This is the reason that the Shehbaz Sharif government is ready to accept every tough condition of the IMF. The decision to increase the prices of petrol and diesel has also been taken in compliance with these conditions. The increase in the price of petroleum products was one of the pre-conditions of the IMF.
Terrorism is also the reason for the current economic crisis in Pakistan. Pakistan’s economic crisis is the result of its faulty policies. By supporting and patronizing terrorism in the name of Jihad, Pakistan has brought its economy to this point. While supporting terrorism, Pakistan did not pay attention to the economic development of the country. Terrorism increased in Pakistan and the number of educated population decreased rapidly. Today Pakistan is fighting with itself and there is no one to support it.
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