Pakistan Tehreek-e-Insaf Chairman and former prime minister Imran Khan on Sunday said the entire mismanagement of Pakistan’s economy by a corrupt and incompetent imported government has crushed the masses and salaried class by hiking petroleum prices.
Taking to twitter, he said the historic devaluation of Rs33 against the US dollar, hike in electricity and gas prices and 35 percent unprecedented inflation expected with Rs200 billion mini budget would prove a last nail in the PDM-led government.]“Total mismanagement of our economy by a corrupt and incompetent
imported govt has crushed masses and salaried class with latest hike in petrol & diesel prices & Rs33/$ devaluation to Rs262.6/$.
Hike in electricity and gas prices and 35 percent unprecedented inflation expected with Rs200 billion mini-budget.
It may be noted that Finance Minister Ishaq Dar on Sunday announced Rs35/ litre hike in the prices of petrol and diesel.
In a televised address, Ishaq Dar said that 11 per cent increase was witnessed in the prices of petrol products in the international market.
Dar further announced that the prices of kerosene oil and light diesel oil have been increased by Rs18 per litre. NNI