Govt again increased POL prices additional burden and give justify

[sharif]

Govt again increased POL prices additional burden and give justify
Once again Govt increased the petroleum products prices by 15% for petrol and 18% for diesel and give justify that in the following countries petrol prices are as follows

1. India Rs. 110 per Ltr Petrol
2. Japan 144 - do –
3. U K 178 - do –
4. Germany 173 - do –

Our Govt very clever and give good example and proof that Pakistan is charging less for Petrol but tell how our Govt. compare with all these countries what benefits they are given to their citizen perhaps we Pakistani only dream but never think ever such thing possible in Pakistan.

If we compare with India where the petrol per ltr sold Rs.110 than in Bombay, India I never saw electricity load shedding or failure. More interesting to share in Bombay electric train runs and more than 75% people from all groups of life’s prefer to travel in train for save of time and money. But unfortunately in Pakistan both these facility available not to the extend up to Indian level.

Then how we compare with Uk of Japan. What are their source of income and compare with our people than realized what low income in our country as compare to UK or Japan

In last I would say the middle class live become very difficult due to inflation and un-employment and hardly manage to run their kitchen expense but when suddenly rises the petrol prices than directly other commodity prices will increase thus lead to more inflation and those who are poor become more poorer and richer become day by day rickets.

For God shake withdrew this increase prices with immediate effect if you sincere with people and do not want to give additional burden.


Thanking You.


Yours faithfully


( Ashfaq Sharif )

[vinod2070]

The figures are wrong for India.

We pay ~Rs. 65 per litre for petrol and I think it is too expansive. It has almost doubled in the last 5-6 years.

[vinod2070]

May be after currency conversion, it will be about Rs. 110 in Pakistani rupees.

[Lady Macbeth]

Originally Posted by vinod2070

The figures are wrong for India.

We pay ~Rs. 65 per litre for petrol and I think it is too expansive. It has almost doubled in the last 5-6 years.

I think Sharif got his price figures from the lies that the government has been feeding us to justify the price increase.....

Thank you Sharif but the official rate for unleaded in the UK for this month is not a cent over £146.9.
Free UK fuel prices. 11,034 petrol stations covered - PetrolPrices.com

And so on and so forth for the rest of the countries quoted above.

This government takes the trophy when it comes to lies.....the cheek of them to lie about the prices in other countries in the hope that the naive public will buy into it.

[Lady Macbeth]

Originally Posted by vinod2070

May be after currency conversion, it will be about Rs. 110 in Pakistani rupees.

Yes round about 110 PKR for 65 IR.

Damn that Ayub Khan for starting the devaluation process or it might have been the other way round today.

[vinod2070]

Originally Posted by Lady Macbeth

Yes round about 110 PKR for 65 IR.

Damn that Ayub Khan for starting the devaluation process or it might have been the other way round today.

I think Pakistani rupee was equivalent to the Indian rupee till almost the 1990s, or even a bit higher!

So Ayub Khan can't be to blame for that.

Devaluation is required to keep your exports competitive. If you didn't do that, millions of your textile workers won't have jobs.

Just the USA textile imports supposedly support 2 million Pakistani jobs.

[vinod2070]

So, the prices appear correct for India and UK at least (146.9 p = Pak Rs 203!).

This government takes the trophy when it comes to lies.....the cheek of them to lie about the prices in other countries in the hope that the naive public will buy into it.

There seems to be no lie here! GOP is telling the truth for a change. ;)

[Lady Macbeth]

Originally Posted by vinod2070

I think Pakistani rupee was equivalent to the Indian rupee till almost the 1990s, or even a bit higher!

Yes but since 1948 we have been aping India when it comes to devaluing our currency. Surely what worked for India may not have worked for Pakistan.

Originally Posted by vinod2070

So Ayub Khan can't be to blame for that.

Lo and behold an Ayub advocate from across the border......

Originally Posted by vinod2070

Devaluation is required to keep your exports competitive. If you didn't do that, millions of your textile workers won't have jobs.

Ah yes the clichéd method of governments to counter unemployment is to devalue their currency.

Some economists have frequently objected to devaluation time and time again as it means that people will become poorer as they can buy less for their money.

Any country that goes for such a textbook course of action forgets that it is ignoring what has been biting them in the a** all that while ie that the country is living well above its means and that it needs to reduce its trade deficit......simple!

Originally Posted by vinod2070

Just the USA textile imports supposedly support 2 million Pakistani jobs.

I guess you are talking of the ''sweatshops'' (limited to the realms of the developing countries.....I wonder why)
How many of these, do you suppose, operate on the Fairtrade standards?

A handful, if any......and so the US are ideally capitalizing on our losses and making profits to extend their businesses which may ultimately result in supply exceeding demands.....
What should we be thankful for? A stage when p=0???

[vinod2070]

Originally Posted by Lady Macbeth

Yes but since 1948 we have been aping India when it comes to devaluing our currency. Surely what worked for India may not have worked for Pakistan.

I don't know this. The currencies fluctuate all the time depending on market forces. I won't go looking for conspiracy theories there. ;)

Lo and behold an Ayub advocate from across the border......

He gave us our first victory in 1965!

Ah yes the clichéd method of governments to counter unemployment is to devalue their currency.

Some economists have frequently objected to devaluation time and time again as it means that people will become poorer as they can buy less for their money.

Any country that goes for such a textbook course of action forgets that it is ignoring what has been biting them in the a** all that while ie that the country is living well above its means and that it needs to reduce its trade deficit......simple!

I am sure Pakistan has had some educated and learned economists who take such decisions depending on the realities facing them.

You don't think so for some reasons?

I guess you are talking of the ''sweatshops'' (limited to the realms of the developing countries.....I wonder why)
How many of these, do you suppose, operate on the Fairtrade standards?

A handful, if any......and so the US are ideally capitalizing on our losses and making profits to extend their businesses which may ultimately result in supply exceeding demands.....
What should we be thankful for? A stage when p=0???

And whose fault is it? I have personally seen that the Western buyers actually insist on proper working conditions for labor!

What would you prefer? That the USA should stop textile imports from Pakistan?