AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,739 Increased By 767.9 (1.07%)
KSE30 24,033 Increased By 284.2 (1.2%)

ISLAMABAD: The opposition parties on Saturday demanded resignation of Prime Minister Imran Khan, saying he should better step down as his government has miserably failed to maintain the prices of petroleum products.

The criticism from opposition parties came at a time when the prices of petroleum prices were jacked up on the eve of New Year, which the opposition parties dubbed as a ‘petrol bomb’ on the masses already crushed under skyrocketing inflation.

In their separate statements, Pakistan People’s party (PPP) chairman Bilawal Bhutto Zardari and opposition leader in the National Assembly and Pakistan Muslim League-Nawaz (PML-N) president Shehbaz Sharif came down hard on the government for increasing the POL prices.

“The governments across the world celebrate festive occasions by bringing down prices, but on the contrary, Imran Khan has dropped an inflation bomb on the masses,” Sharif said.

He asked the prime minister to step down instead of punishing the masses due to his ‘incompetence’ He said the new year would rid the masses of inflation, economic disruption, hunger, diseases, and injustice as the days of the PTI-regime are numbered.

However, Bilawal said that increase in prices of petroleum products was Imran Khan’s New Year’s gift to the citizens and the only way to end inflation is to oust the PTI’s government.

“Imran Khan claimed that 2021 would be the year of prosperity, but 2022 has arrived, where have the claims gone,” asked the PPP chairman.

He stated that the country witnessed higher inflation than a year prior during the PTI’s tenure, but they continue to blame the previous governments and try to portray them as incompetent.

Bilawal claimed that the PPP faced the worst economic crisis in the world’s history but did not let the citizens bear the brunt of the inflation.

He urged the federal government to reduce the rates of petroleum products in line with international prices. The PPP chairman said that the only way to end inflation is to “oust Imran Khan.”

On the eve of the New Year, the federal government announced yet another hike in the prices of petroleum products. According to a notification issued by the Finance Division on Friday, the price of petrol and high-speed diesel (HSD) will rise by Rs4 per litre for the first 15 days of January 2022.

The new prices came into effect from January 1. The increase has been announced to meet the petroleum levy target agreed with the International Monetary Fund (IMF). As per the notification, the price of kerosene has been increased by Rs3.95, and light diesel oil (LDO) by Rs4.15 per litre.

Copyright Business Recorder, 2022

Comments

Comments are closed.