Wednesday, February 2, 2011

Petrol Price in Pakistan


Petrol Price in Pakistan,All products are dependent, because if oil prices rise all the products in price increases as a direct effect. Never noticed any kind of politics of the middle class and low income people are survivors and the fight against these difficult times of inflation and unemployment. That directly promote the streets and the relationship of crime in the country. the largest consumer of gasoline is the United States used an average of 386 million gallons (1.46 gigaliters) of gasoline per day in cost is actually 2005.That income not derived from Petroleum Development Levy. The decision to keep rates unchanged was due to opposition from members to increase oil prices.

Pakistan needs to invest in various programs such as health, education and social sectors rather than grants. The IMF has been strictly monitoring the indicators of country performance under a standby agreement of the SBA, the country has signed with the fund in November 2008 by a loan package of U.S. $ 11.3 billion. It is a selfish act of the government not to reduce unproductive expenditure and kill people, especially the middle class or low income on behalf of the deploarable hike.Most oil prices is the government's inability to stop the theft of water, gas and electricity. If it closes people will face shortages and high rates are not justified.

Although the IMF program for Pakistan includes the transmission of any increase in world oil prices for consumers in Pakistan, on behalf of political parties, to 72.96 rupees a liter of gasoline is probably at limiting the ability of consumers pay, such as kerosene at Rs 70.95 should be noted that, with increasing gas loadshedding, consumers are becoming more fuel kerosene stoves cooking.Since basic public traded at trade prices worldwide are similar, the price paid by consumers largely reflects national pricing policy, some regions like Europe and Japan, impose high taxes on gasoline, while others, like Saudi Arabia and Venezuela, and support costs. Western countries have among the highest gasoline use per person.
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