The federal authorities elevated the value of all petroleum merchandise yesterday (June 15). This contains a rise of Rs24 per litre for petrol and Rs59.16 per litre for high-speed diesel (HSD). That is the third hike in petroleum costs in lower than a month.

Federal Minister for Finance and Income Miftah Ismail criticised the PTI authorities for reaching an misguided settlement with the Worldwide Financial Fund (IMF), which tied the incumbent’s arms and compelled it to boost oil costs to get the financial system again on monitor.

Prime Minister Shehbaz Sharif tweeted, “Conscious about the influence {that a} gasoline worth hike causes. Govt is left with no selection however to boost the costs as a result of IMF deal that PTI govt signed.”

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Individuals on social media are expressing their anger and exasperation after the newest petrol bomb was dropped by the federal government.





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