ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) has announced to start countrywide protests against increase in petroleum and electricity prices by the federal government of Pakistan, The News Tribe reported.
Imran Khan condemned the recent hike in prices of electricity and petroleum products.
The distressed consumers of petrol products complained that the enhanced prices would leave them in dire straits and unleash the cost of commodities for daily use.
Earlier on Monday, the Ministry of Finance released the notification for hike in electricity prices in accordance to the range of units consumed while the new prices will be applicable from October 1(today).
According to the notification, Rs5.89 has been increased for the units consumed up to 201 to 300, Rs3.67 hike for the consumers of 301 to 700 units and Rs2.93 increase on using more than 700 units of electricity.
The upgraded prices will not be applicable on consuming of less than 200 units of electricity.
Similarly, According to another notification, the petrol surged by Rs.4.12 to Rs.113.25 per liter. High-speed diesel also scaled up Rs.4.69/lit to Rs.116.95/lit.
The price of light-speed diesel also went up to Rs.101.24 up Rs.2.81. Kerosene oil price also soared by Rs.2.14; its new price now stands at Rs.108.14 per liter.
The price of high octane also perched on the record level at Rs.143.90 with fresh hike of Rs.5.57. The recent hike in the POL prices has come into effect from the midnight of October 1.
It should be mentioned that the recent increment was imposed on the nation for completing one of the conditions given by International Monitory Funds (IMF) which pressurized the Pakistani government for producing hike in electricity and gas prices for local consumers.
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