People are still suffering from the effects of the recent fuel price hike, which was caused by the caretaker government. Now, the government is thinking about raising petrol prices by 50%, which would hurt the people even more.
The IMF has told the government that it needs to raise petrol prices to get more money. The federal cabinet will make the final decision, but the increase is expected to be approved.
Since last year, when the government took steps to meet the IMF’s terms for bailout money, food and fuel prices have been high for Pakistanis. Many people have protested and gone on strike because of the high prices, but the government hasn’t given in yet.