Dissatisfaction with IMF's decision to reduce petrol prices


 

The International Monetary Fund (IMF) has expressed reservations over the decision of the Prime Minister to reduce the price of petrol. According to the report, the IMF has expressed dissatisfaction over the decision to reduce the price of petrol. The next round of talks between Pakistan and the IMF will be held on Monday.

Virtual talks could not be completed for the seventh review meeting, according to the report. The IMF has raised objections to the industries' amnesty scheme. The IMF also has reservations about the Prime Minister's February 28 relief package. It should be noted that on February 28, Prime Minister Imran Khan had announced the good news of making petrol, diesel and electricity cheaper.

He had said in his address to the nation live on the state TV channel PTV and Radio Pakistan that what is the solution to the oil prices as told by the opposition? If they have a solution, let us know. In Pakistan, even today in petrol and diesel prices, Pakistan ranks 125th in the world, 260 in India, 185 in Bangladesh, 200 in Turkey, and 160 in Pakistan. ۔

The government is giving subsidy of Rs. 70 billion every month. If no subsidy is given then petrol in Pakistan should be Rs. 220 per liter. They are also making the price of electricity cheaper by Rs. 5 per unit. They are constructing 10 dams in Pakistan, which will create cheap electricity. Reducing the price of electricity will reduce it by 20 to 50 percent. Don't raise oil and electricity prices until the next budget.

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