Increase in petroleum products prices less than other regional countries: info minister
ISLAMABAD: Information Minister Shibli Faraz on Saturday said welfare of the people was the priority of government and efforts would be continued to provide them the relief.
In a tweet on Saturday, he said the prices of petroleum products had been reviewed due to surge in international oil prices.
The minister, however, said the increase made in Pakistan was less than when compared with other regional countries.
Also Read: Petrol price raised by Rs25.58 citing ‘global rise in prices’
The government ostensibly seems to have acceded to the will of cartel by increasing petrol price by Rs25.58 a litre in one go, rising the petrol price to over a hundred rupees a litre.
As per the notification issued by the Finance Division, the price of high speed diesel has gone up by Rs21.31, while the prices of kerosene and light diesel oil have been augmented by Rs23.50 and Rs17.84, respectively.
The opposition leader and Pakistan Muslim League-N President Shehbaz Sharif termed the rise in petroleum product prices ‘a mini budget before the budget’.
He said petrol price was raised at the time when the country was already facing shortage of it. He said after sugar cartel, petrol cartel have also been given license to loot citizens.
