Why Petrol Prices Increased in Pakistan? | Omar Ayub Speech in NA
- Thread starter Raja Atta
- Start date
back to the future
Chief Minister (5k+ posts)
Whenever ik takes a decision like reduction of prices there are powers who are ready to fail his decisions
awesomkhan
Politcal Worker (100+ posts)
| WTI Crude | 37.23 |
| Brent Crude | 41.02 |
| Opec Basket | 37.18 |
| NZD | $2.040 |
| USD | $1.320 |
| Germany | € 1.22 |
| Italy | € 1.25 |
$1 USD = 167 PKR
1 litre is 100 PKR = 0.60 CENTS USD
1 litre is 80 indian rupee = $ 1.06 USD
1 litre is 89 Banla taka = $ 1.06 USD
Please stop criticizing your GOVT. check the world prices first.
Ayaz Ahmed
Senator (1k+ posts)
کیوں عوام کو ۔۔۔۔۔۔۔۔۔۔بنا تے ہو، عوام کا تو پہلے ہی برا حال ہے۔
awesomkhan
Politcal Worker (100+ posts)
Agreed Somewhat... But this increment is very nominal or low...
Because now this Govt is supporting them exporter... last GOVT already killed the trader...
Devaluation...Should be thankful to this Man...otherwise we were already bankrupt before even the elections 2018... Dollar price should have been touching Rs.300...So consider yourself still lucky due to quick fix in the recent time...
We will pick up soon... as Now we are good Fiscal Deficit...Interest rate is low...
The thing is the amount of money laundering done in the past... we will remain low for a long time or until we recover the money...
zero export has increased and PTI government alone has devalued 40 rupees in just 22 months and brought nothing against it.
Cornered Tiger
Councller (250+ posts)
We are paying debt payments as it is end of financial year. Payments are on high side.
Who will build you reserves? Only currency is not the factor in dollar terms.
Nadir Bashir
Minister (2k+ posts)
CDA can only be controlled by reducing the imports.
We have to make a strict control check on each import item.
State bank or PMO shall control all imports. When every year, you have negative trade balance, how you can expect rupee to stabilize.
Also you can not manage all this through loans since if you did not control, other than deficit, you will not be able to pay loans.
It is and that is why you saw sudden increase of Oil prices.
Currency is a backbone if country is a major import of Oil and gas.
Cornered Tiger
Councller (250+ posts)
We cannot keep pouring dollars in local market. Market need self-correction as it is in whole world.
Govt. should keep dollars with State Bank and have strong dollar reserves. Only this way Govt. can influence market.
back to the future
Chief Minister (5k+ posts)
Govt should take many steps
For example it should control underinvoicing of exports this way dollars are shifting out of country
Should segregate indirect taxation of petrol or gst from revenue collected by fbr because this revenue is not because of fbr but govt decision
Actual performance of fbr then can be monitored
Shabbar zaidi was thrown out by this hafeez sheikh because he is imposed by someone powerful
According to those who matters corruption is no problem.
جعلی پیر جعلی وکیل جعلی ڈاکٹر جعلی قطری خط جعلی بینک اکاونٹ جعلی وصیت جعلی ادویات جعلی صحافی جعلی ڈگری جعلی مولوی کے بعد اب پیش خدمت ہے جعلی پایلٹس۔ قوم کو ان سب کی درستگی صرف 22 مہینے میں چاہیے؟
awesomkhan
Politcal Worker (100+ posts)
??? Ji yehi Qoum chahti hai... Ronday Petrol nu... woo sari qoum ka Tail nikal k Londhon bethay hain...
Too many economists here.. I can't discuss economical indicators, since it's beyond me..
To hell with price increase. We've seen higher prices..
JUST TELL ME WHY HE BUCKLED TO THE PETROL MAFIA JUST 5 DAYS BEFORE NEW PRICES SUMMARY?
Simple as that... He GAVE in to petrol mafia and couldn't stand 4 more days pressure... Unforgivable.
To hell with price increase. We've seen higher prices..
JUST TELL ME WHY HE BUCKLED TO THE PETROL MAFIA JUST 5 DAYS BEFORE NEW PRICES SUMMARY?
Simple as that... He GAVE in to petrol mafia and couldn't stand 4 more days pressure... Unforgivable.
Munawarkhan
Chief Minister (5k+ posts)
What stupidity is this man.
when the price was dropping worldwide they used to come and justify that our purchase is based on month old price.
When price increase they increase immediately saying that we are increasing because world price increase
when the price was dropping worldwide they used to come and justify that our purchase is based on month old price.
When price increase they increase immediately saying that we are increasing because world price increase
back to the future
Chief Minister (5k+ posts)
This is because someone demand for allocation is not being met
Fbr theek kiay baghair kuch nahin hoskta
Hussain1967
Chief Minister (5k+ posts)
Patrol Mafia (Oil Marketing companies, Nadeem Babar etc.) has won. What happened to the inquiry into hoarding of Patrol? Few days ago, it was announced that license of many oil companies would be cancelled who created shortage of patrol. What happened to that announcement?
Govt ko utnay daaway karnay chahian jin par amal kar sakay.
Govt ko utnay daaway karnay chahian jin par amal kar sakay.
Hussain1967
Chief Minister (5k+ posts)
You mean Military?
back to the future
Chief Minister (5k+ posts)
I can guess only don’t know but this a revenue increasing step as you cannot raise direct taxation due to economic slump and lame duck fbr
