AIRLINK 72.59 Increased By ▲ 3.39 (4.9%)
BOP 4.99 Increased By ▲ 0.09 (1.84%)
CNERGY 4.29 Increased By ▲ 0.03 (0.7%)
DFML 31.71 Increased By ▲ 0.46 (1.47%)
DGKC 80.90 Increased By ▲ 3.65 (4.72%)
FCCL 21.42 Increased By ▲ 1.42 (7.1%)
FFBL 35.19 Increased By ▲ 0.19 (0.54%)
FFL 9.33 Increased By ▲ 0.21 (2.3%)
GGL 9.82 Increased By ▲ 0.02 (0.2%)
HBL 112.40 Decreased By ▼ -0.36 (-0.32%)
HUBC 136.50 Increased By ▲ 3.46 (2.6%)
HUMNL 7.14 Increased By ▲ 0.19 (2.73%)
KEL 4.35 Increased By ▲ 0.12 (2.84%)
KOSM 4.35 Increased By ▲ 0.10 (2.35%)
MLCF 37.67 Increased By ▲ 1.07 (2.92%)
OGDC 137.75 Increased By ▲ 4.88 (3.67%)
PAEL 23.41 Increased By ▲ 0.77 (3.4%)
PIAA 24.55 Increased By ▲ 0.35 (1.45%)
PIBTL 6.63 Increased By ▲ 0.17 (2.63%)
PPL 125.05 Increased By ▲ 8.75 (7.52%)
PRL 26.99 Increased By ▲ 1.09 (4.21%)
PTC 13.32 Increased By ▲ 0.24 (1.83%)
SEARL 52.70 Increased By ▲ 0.70 (1.35%)
SNGP 70.80 Increased By ▲ 3.20 (4.73%)
SSGC 10.54 No Change ▼ 0.00 (0%)
TELE 8.33 Increased By ▲ 0.05 (0.6%)
TPLP 10.95 Increased By ▲ 0.15 (1.39%)
TRG 60.60 Increased By ▲ 1.31 (2.21%)
UNITY 25.10 Decreased By ▼ -0.03 (-0.12%)
WTL 1.28 Increased By ▲ 0.01 (0.79%)
BR100 7,546 Increased By 137.4 (1.85%)
BR30 24,809 Increased By 772.4 (3.21%)
KSE100 71,902 Increased By 1235.2 (1.75%)
KSE30 23,595 Increased By 371 (1.6%)

ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) has termed the recent increase in petrol prices a "continuation of the mini-budget" and asked Prime Minister Imran Khan to step down for his alleged failure to give any relief to the people.

In a statement, PML-N president and opposition leader in the National Assembly Shehbaz Sharif strongly condemned the increase in prices of petroleum products soon after the 14 percent rise in power tariff.

"One mini-budget after another is telling proof of the economic failures of the PTI government," he said, adding that the prime minister should resign instead of killing people with inflation, "because it was the only hope for relief for the nation".

He said that despite getting "concessions", Prime Minister Khan has completely failed to serve the country and the people.

"Imran should stick to his statement that rising inflation rate means the prime minister is corrupt. Imran should accept his own assessment and resign instead of clinging on to the office of prime minister," he added.

He said that the people are screaming and cursing the government over this increase of Rs10.49 in petrol price. "How will the people survive with petrol at a historic high of Rs137.79 per litre?" he questioned, adding that the impoverished people of Pakistan were crushed to death with this unbearable inflation.

"How would the people run their kitchens and feed their children? How will they pay Rs10,000 electricity bill out of a monthly income of less than Rs20,000? Are these the good days that Imran Khan claims to have brought in Pakistan? Imran Khan promised the nation patrol at Rs46 per litre and instead hiked it up to historic level; is this the reality of Imran being a truthful leader?" he further questioned.

He said that the increase in petroleum products' prices has created a chain reaction of inflation in every product.

"Yet still Imran Khan complains the people of Pakistan do not understand the cause of inflation," he said.

"The nation understands very well that there is just one reason for this insane inflation, which is Imran Khan," he maintained.

However, the PML-N secretary-general, Ahsan Iqbal, in a statement, demanding an immediate reversal of petroleum price hike also called the party's provincial chapters to organise protests against the brutal inflation.

He said that the PML-N will stage a protest in the parliament in collaboration with other opposition parties against this cruel step by the PTI government.

He said the government had dumped the burden of its failures and incompetence on the poor people of Pakistan.

He called for an immediate withdrawal of this increase in electricity, petrol, and diesel, and warned that it would bring the worst storm of inflation on the people.

Copyright Business Recorder, 2021

Comments

Comments are closed.