Four Years Of PPP Government – Petrol Prices Raised By 51%

In 2008 Pakistan Peoples Party (PPP) formed government and Yousuf Raza Gilani took oath of office on 25th March 2008. On that day petrol price was Rs.62.81 per litre and in crude oil price in international market was $96.49 per barrel. Now the price of petrol in Pakistan has risen to Rs.94.91 per litre and now a day’s international market price of crude oil is between $110-115 per barrel.

In the past four years, petrol prices in Pakistan have gone up by a whopping 51 percent as oppose to an increase of 15 percent in the international market. In addition to this raise in petrol prices, prices of diesel and other petroleum product have also been raised. Compressed Natural Gas (CNG) price has also been increased in the past four years.

Instead of reducing non development expenditure PPP led government have a very large number of cabinet and Pepco’s circular debt has crossed Rs.400 billion which is also a big problem.

    1. Jamal

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