BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

ISLAMABAD: Federal Minister for Information and Broadcasting Marriyum Aurangzeb, Tuesday, said the government had managed the agreement with the International Monetary Fund (IMF) and was now taking decisions to raise petroleum product prices ignoring the political cost.

Criticizing the previous government, she said the PTI violated the agreement with the IMF by subsidizing petroleum products which inflicted massive damage to the economy for political gains.

While addressing a press conference after inauguration of the Foreign Media Digital Wall of Digital Electronic Media Unit here at the Directorate of Electronic Media and Publications, she said the government’s tenure will end in a few days but we have prioritized the state over politics.

Petrol, HSD prices: Govt announces hike of nearly Rs20 per litre

The minister said that the present coalition government did not take decisions for petty political advantages; rather the same were made in the larger national interest. When the present government came to power, Pakistan was on the verge of bankruptcy, she said.

She said that there were various reasons for recent increase in the petroleum product prices, including global market fluctuations as well as commitments made to the IMF. The Chinese Vice Premier’s visit to Pakistan showed confidence reposed by the world in Pakistan under the leadership of Prime Minister Shehbaz Sharif, she added.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.

Tulukan Mairandi Aug 02, 2023 07:48am
Basically blame IMF for everything now onwards
0
Shahid Khan Aug 02, 2023 10:01am
What a bad government imposed on us
0
Syedzada Aug 02, 2023 10:28am
It reminds me of Chucky every time I see it
0
Ahsan Iqbal Chor Aug 02, 2023 12:03pm
Lol, thats right - they prioritized the state by ignoring the constitution, delaying the IMF program for "political gain", went out on a witch hunt for PTI leadership via a one night stand with the esteemed establishment and damaged the economy through every possible means...but its IMF and PTI's fault.
0
Arshad Aug 02, 2023 04:24pm
Just Get Lost.
0