Pakistan PM says oil price hike impact passed to people to avert loan burden

Pakistan Prime Minister Imran Khan has said the government was compelled to pass on the impact of oil prices to consumers to avert additional debt burden on the country

Jan 23, 2021
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Pakistan Prime Minister Imran Khan has said the government was compelled to pass on the impact of oil prices to consumers to avert additional debt burden on the country.

Speaking to a private television channel during his visit to North Waziristan on Wednesday, which was aired on Friday night, Prime Minister Khan said the country could not afford more loans to keep petroleum prices at the minimum benchmark.

He said devaluation of rupee had impacted prices of petroleum products, pulses, ghee and other imported items, which gave rise to inflation.

https://www.dawn.com/news/1603060/oil-price-hike-impact-passed-to-masses-to-avert-loan-burden-pm

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