Petrol and electricity price hike, public in chaos
The government on Thursday strongly expanded fuel costs for public consumers by PKR 30 per liter to figure out an agreement with International Monetary Fund (IMF) preparing to save a $6 billion bailout bundle and settle the country's cratering economy in the midst of extending political disturbance.
Moreover, The move raised fuel cost by around 20% taking it to the record high of 209.86 PKR per liter, fighting off worries that Pakistan, as of now faces twofold digit expansion.
Moreover, The PML-N-drove alliance government expanded the costs of oil-based commodities by a similar sum on May 26. The greatest climb in the country’s history. In the interim, National Electric and Power Regulatory Authority (NEPRA) has supported an Rs. 8 for each unit expansion in power rates for the follo...