The federal government on June 27 has announced to increase the prices of petroleum products unprecedentedly with immediate effect.
According to statement issued by the Finance Division, the Government has decided to revise the existing prices of petroleum products in view of the rising oil prices trend in the global market.
The price of petrol has been increased by Rs25.58 to Rs100.10 per litre, while price of High Speed Diesel (HSD) has been increased by Rs21.13 to Rs101.46 per litre.
On the other hand, the price of Light Diesel Oil (LDO) has been increased by Rs17.84 to Rs55.98 per litre and the price of Superior Kerosene Oil (SKO), has been increased by Rs23.50 to Rs59.06 per litre.
A large number of people on the social media slammed the government, particularly Prime Minister Imran Khan, for dropping a petrol bomb which will ultimately lead to increase in prices of other commodities.
They recalled the statements from Mr. Khan before his election as Prime Minister in which he had vowed to go after hoarders, profiteers and pledged to take decisions of public interest, however, according to Twitterati, the government has once again succumbed to the mafias ‘operating within the government’.