BR100 Increased By (0.6%)
BR30 Increased By (0.78%)
KSE100 Increased By (0.42%)
KSE30 Increased By (0.41%)
BECO 6.10 Increased By ▲ 0.33 (5.72%)
BML 52.78 Decreased By ▼ -0.22 (-0.42%)
BOP 34.30 Increased By ▲ 0.31 (0.91%)
CNERGY 8.15 Increased By ▲ 0.04 (0.49%)
DCL 12.18 Decreased By ▼ -0.02 (-0.16%)
FCCL 53.30 Increased By ▲ 0.47 (0.89%)
FCSC 5.15 Increased By ▲ 0.08 (1.58%)
FFL 18.07 Increased By ▲ 0.12 (0.67%)
FNEL 1.32 Increased By ▲ 0.03 (2.33%)
HUMNL 10.86 Decreased By ▼ -0.02 (-0.18%)
KEL 8.15 Increased By ▲ 0.13 (1.62%)
KOSM 5.33 Decreased By ▼ -0.19 (-3.44%)
MLCF 86.90 Increased By ▲ 0.39 (0.45%)
NBP 187.10 Increased By ▲ 1.94 (1.05%)
PACE 10.65 Increased By ▲ 0.07 (0.66%)
PAEL 39.93 Increased By ▲ 0.51 (1.29%)
PIAHCLA 26.17 Decreased By ▼ -0.05 (-0.19%)
PIBTL 16.92 Increased By ▲ 0.25 (1.5%)
PPL 229.40 Increased By ▲ 1.22 (0.53%)
PRL 34.88 Increased By ▲ 0.20 (0.58%)
PTC 67.08 Increased By ▲ 1.75 (2.68%)
SEARL 90.70 Increased By ▲ 0.57 (0.63%)
SSGC 27.01 Increased By ▲ 0.41 (1.54%)
TELE 8.59 Increased By ▲ 0.31 (3.74%)
THCCL 58.20 Decreased By ▼ -0.30 (-0.51%)
TPLP 8.62 Increased By ▲ 0.40 (4.87%)
TREET 24.68 Increased By ▲ 0.15 (0.61%)
TRG 69.60 Decreased By ▼ -0.11 (-0.16%)
WAVES 9.93 Decreased By ▼ -0.01 (-0.1%)
WTL 1.29 Increased By ▲ 0.01 (0.78%)

KARACHI: Small traders on Monday rejected the recent increase in oil prices by the PDM government, saying that the mounting food inflation has already affected the common man more than anything else.

“The federal government’s move to increase the prices of petroleum products by Rs35 per litre, at once, is unacceptable,” Spokesman for Pakistan Anjuman-e-Tajran Sindh, Ismail Lalpuria said.

He said that the incumbent federal rulers seem completely failed to solve the public problems and extend them relief. “This government has failed in every field,” he added

He said that it has become important to get rid of the government, which had “mortgaged” the country with the IMF.

“Public is more affected by the twofold hike in prices of the essential commodities than an increase in gold rates or strengthening of dollar value,” he said.

The spokesman said that the traders have rejected the hike in fuel oil prices altogether and will soon announce their line of action.

Copyright Business Recorder, 2023

Comments

Comments are closed for this article.