Petrol prices in Pakistan cheapest in region, says PM after latest hike

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ATTOCK – Prime Minister Imran Khan said on Friday that petrol prices in Pakistan are the cheapest in the region, besides claiming that people are protesting in India due to high petroleum prices.

Addressing a groundbreaking ceremony of a mother and child hospital in Attock District, the premier said that there is uproar in India as the petrol price has been increased to Rs250 per litre. The petrol price is lowest in Pakistan at Rs146, he added.

He said that the government has managed to keep the prices low in the country by reducing taxes and levies on petroleum products massively.

The premier highlighted that inflation is a global phenomenon as Covid-19 pandemic has disrupted supply shortage, business activities.

He explained that the surge in freight costs caused an increase in prices of cooking oil, pulses, ghee (cooking oil), and palm oil as these items are imported from other countries.

The prime minister’s comments come after the government increased petroleum prices by up to Rs8.14 per litre with immediate effect in a bit to revive the International Monetary Fund programme.

Talking about the state of the art mother and child hospital in Attock, he said that Punjab Government will complete the two hundred bed hospital at a cost of Rs5.3 billion in two years’ time. Half of the project cost has been disbursed by the federal government to Punjab.

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