relief Archives - viralnom

Federal government has announced a reduction in prices of petrol and diesel, providing some relief to the public amidst ongoing rise in the cost of living. New pricing structure, which is effective immediately, offers modest decreases across several types of fuel. Government lowered the price of petrol by Rs 1.86 per litre, bringing the cost down to Rs 259.10 per litre. This reduction will ease the financial burden on consumers, especially those who rely on petrol for their daily commute. High-speed diesel, another widely used fuel, has also seen a significant decrease. Government reduced the price by Rs 3.32 per litre, now costing Rs 262.75 per litre. This drop is likely to benefit transporters and industries that depend heavily on diesel. Kerosene oil, often used for cooking and h...

In rural areas, the food inflation rate reached a peak of 37.9 percent in December 2022 with an extreme flour crisis. This happened after crossing the 30% mark in August amid extreme flooding. In urban areas, food inflation increased past 30 percent in September. Food inflation reached an all-time high of 34.7 percent in October. However, it then declined to 29.7 percent in November. The domestic flour shortages that worsened after the floods have primarily caused such consistently high rates. Moreover, conditions such as higher food prices on the global market for most of 2022, the depreciation of the rupee, and disruptions in domestic supplies. In addition delays in imports due to import restrictions, and the failure of authorities to enforce administered prices have led to the problem....

Tag: relief

Government Cuts Petrol and Diesel Prices, Offers Relief Amid Rising Costs

Despite international food relief efforts, the Flour crisis becomes more serious in Pakistan