The decision to change the prices of petroleum products will be taken after looking at the OGRA summary

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Pakistan Muslim League-Nawaz (PML-N) leader and former finance minister Muftah Ismail has said that OGRA's decision to revise the prices of petroleum products would be reviewed by OGRA. C has not yet approved, the government has a difficult time laying 373 billion landmines on petrol prices, the IMF program will continue on the terms of the previous government.

He said in a press conference that if the government faced any difficulty, it would lay 373 billion landmines. When Imran Khan was raising the price of petrol by raising taxes, he did not think of giving subsidy. The IMF program continued on the terms of the previous government. The CCC has not yet approved the subsidy for petroleum products. The prices of petroleum products have not been decided yet.

Muftah Ismail said that Imran Khan borrowed more than the loan taken from Liaquat Ali Khan to Nasirul Mulk. He said that we do not want to be disappointed but some things need to be said, PTI has left very serious issues, they also increased the development budget from 900 billion to 700 billion rupees, Pakistan's trade deficit to be 45 billion dollars this year. It is feared that the previous government had said that there would be a deficit of Rs 4,000 billion. At present, the budget deficit of the government is Rs 5,600 billion. In the first term of PML-N, the budget deficit was less than Rs 1600 billion.

Muftah Ismail said that Shahbaz Sharif will do his best to control the deficit, even today the value of the dollar has decreased by 90 paise, the stock exchange is increasing, the dollar has come down from 190 to 182 rupees, Pakistan's economic future bright under Shahbaz Sharif's government. The Prime Minister has appealed to the private sector to increase their salaries by 10%. The decision of the Prime Minister to increase the minimum wage to Rs. 25,000 is being appreciated. Increase workers' salaries.

International rating agency Fitch Ratings welcomed the peaceful change of government in Pakistan and pointed out the challenges facing the economy. In his statement, Fitch said that although the change of government in Pakistan took place peacefully, There is growing uncertainty about short-term policies, which are already facing external and financial challenges due to global commodity prices and global uncertainty.

Location: Pakistan

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