Inflation is on the seventh sky in the Imran government of Pakistan. Recently, there was a record increase in the price of petroleum products. Now kitchen items have also been made expensive. Ghee and cooking oil manufacturers have decided to increase the prices of their products by at least Rs 12 per kg. These manufacturers have cited rising rates of edible oil in the international market for the hike.
Government to take action like India: President of Pakistan Vegetable Manufacturers Association, Tariqullah Sufi had demanded from Imran government to take action like India. Tariqullah Sufi said, "Our association had informed the Imran government about the rising prices of edible oil in the international market," local media Dawn reported. Along with this, it was urged to reduce the duty and tax on the import of these products, as India had done to protect the consumers.
Imran government ignored it: However, Imran government ignored it and the result is that the general public is facing inflation. According to Tariqullah Sufi, the price of edible oil in the world market has increased by $ 50 per tonne in the last few weeks. This has been reflected in the retail prices of ghee and cooking oil products.
Petroleum products at record high: Recently, the Imran government of Pakistan has increased the prices of all petroleum products from Rs 10 to Rs 12 per liter. This hike is for the next fortnight ending February 28. These are the highest ever prices of all the products and probably the biggest hike in their prices in one go.
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