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“We are not you”, Pakistan PM slams Imran Khan over fuel price hike

PM Shahbaz Sharif said that it was necessary to increase fuel prices to save the country from bankruptcy.

Islamabad:

Pakistan PM Shehbaz Sharif Said on Friday that to save the country from bankruptcy, fuel prices have been increased in the country. He said that this step was necessary for the sake of the country.

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The Pakistan government on Thursday decided to increase the prices of petroleum products by Rs 30 per liter. This price hike has come into effect from midnight. After this increase, petrol in Pakistan has started getting Rs 179.85 per liter, diesel Rs 174.15 per liter and kerosene Rs 155.95 per liter.

Pakistan’s Finance Minister Miftah Ismail announced the increase in fuel prices in a press conference. He said that the new prices will come into effect from midnight. A day before this, talks between the Government of Pakistan and the International Monetary Fund in Qatar regarding economic assistance were inconclusive.

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In his first address to the nation after assuming power last month, Shahbaz Sharif spoke about the mostly domestic problem his government faced in the evening. His main focus was to give several relief packages to the people, including stopping the rise in petroleum prices, after receiving the aid package from the International Monetary Fund (IMF).

After talks with the IMF remained inconclusive, Prime Minister Shahbaz Sharif said that the move to raise fuel prices was necessary to save Pakistan from bankruptcy. He said that the decision to raise petroleum prices was difficult. He said, “We have increased the prices of petroleum with a heavy heart. We have to take a decision in a difficult economic situation. This is due to the incredible rise in the prices of petroleum in the global market.”

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He said, ‘The previous Imran Khan government had announced subsidy, which could not get support from the exchequer. Now we have taken a decision in our interest by giving priority to the country.” He has blamed the Imran Khan government for the increase in the current oil prices.

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