PPP rejects hike in Petroleum prices

ISLAMABAD, Pakistan: Pakistan People’s Party (PPP) has rejected the hike in prices of petroleum, diesel and kerosene oil.

Talking to media in Islamabad, the PPP senior leader Syed Khursheed Shah said that hike in the prices of petroleum products will bring about a new storm of inflation.

Khursheed Shah said that decrease in the value of rupee has exposed previous government’s claims of economic development.

The PPP leader said that the caretaker government shouldn’t snatch the right of livelihood from poor people. He said that the caretaker government shouldn’t take the revenge of previous government’s bad governance from the innocent people.

It is worth mentioning here that the caretaker government has revised the prices of different petroleum products. The price of petrol has been increased by Rs 4.26 per litre, the price of high speed diesel by Rs 6.55 per litre, the price of light diesel oil by Rs 6.14 per litre, and the price of kerosene oil by Rs 4.46 per litre.