Petrol and diesel prices have traditionally been lower in Pakistan than other South Asian countrues, because of discounts given by friendly middle eastern petrolem suppliers in recognition of its contribution to their defence.
50 million liters of diesel and petrol are consumed daily in Pakistan.The disputed and discredited government of renowned leeches has increased the price by Rs. 60 per liter (40% above existing 149), fleecing Rs. 3 billion from the public daily, amounting to over one trillion a year. If the goons are right, this amount was being subsidized from tax collected from the rich and the motorbike rider was benefitting.
Now the fuel cost of bikes, rikshaws, taxis and trucks has risen suddenly by 40 percent.
The tricle effect is bound to be disastrous. The cost of food delivery is going to double and many senior citizens who have to utilize the service may face malnutrition. Even if the goons announce some relief for the worst hit, the money will most likely end in their own pockets.
Officers of IMF need to solemnly testify that they were sober when they gave this instruction to the goons as they claim, and that they will not have any share in this loot.
