Fawad justifies petrol price hike by linking it to global oil rates

Islamabad (HRNW) As petrol prices continue to dent the pockets of buyers, Fawad Chaudhry, Federal Minister for Information and Broadcasting, has said that the upward trajectory witnessed by the petroleum products is due to price hike in the international crude market.

Chaudhry, while justifying the price hike, said on Twitter that prices of petroleum products in Pakistan depend on global oil rates and there has been a jump in global crude prices.

The minister wrote, “Propaganda is being spread about soaring oil prices as if we [Pakistanis] live on a separate planet from the world.”

“The whole country cannot run on subsidies. Today, the prices are high. Tomorrow, when the prices will go down (in the international market), then they will follow suit here too, ” the information minister added.

The incumbent government of Pakistan Tehreek-i-Insaf (PTI) came under heavy criticism after the petroleum prices went up by Rs 9 to 12 on Saturday.

The opposition termed the fresh petrol price hike a failure of the government and demanded Prime Minister Imran Khan’s immediate resignation from office to provide relief to the people.

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