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Petrol at 127.30 - highest ever

wali87

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it is shocking to hear the finance minister say that the price of petrol in Pakistan is cheaper than almost every country in the world. I mean he totally fails to take into account the average income in Pakistan and the currency value. Even an o level student who studies economics would know better. The countries with which he is comparing the fuel prices with have much higher average incomes not to mention their currency has a higher value. Wow what logic
It just shows how hopeless the economic condition is and that the government has no idea on how to control the situation.
 

Sainthood 101

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it is shocking to hear the finance minister say that the price of petrol in Pakistan is cheaper than almost every country in the world. I mean he totally fails to take into account the average income in Pakistan and the currency value. Even an o level student who studies economics would know better. The countries with which he is comparing the fuel prices with have much higher average incomes not to mention their currency has a higher value. Wow what logic
It just shows how hopeless the economic condition is and that the government has no idea on how to control the situation.
Where do you import your oil from? or we have oil reserves we can use
 

Norwegian

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it is shocking to hear the finance minister say that the price of petrol in Pakistan is cheaper than almost every country in the world. I mean he totally fails to take into account the average income in Pakistan and the currency value. Even an o level student who studies economics would know better. The countries with which he is comparing the fuel prices with have much higher average incomes not to mention their currency has a higher value. Wow what logic
It just shows how hopeless the economic condition is and that the government has no idea on how to control the situation.
A7ED75D9-964F-4426-8AA7-5F3728D48C0A.jpeg
 

AZ1

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Just when you thought that the economy might be getting better when then again rules were relaxed and CAD started increasing again.

Luxurious import need to be completely banned even if the buyer can afford to pay 1000 % of the original price of the product.

The buyer can afford to buy such expensive items but Pakistan can't afford to allow import of such luxuries.
then what will happen to elite class. This is why it will never happen
 

Wood

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India was bankrupt in 1990. IMF saved them and their govts did successive reforms to put country's economy on track. Meanwhile Pakistan went to IMF 22 times without a single time putting economy on right track. Who is responsible? All 22 govts including this one.
India had to airlift gold stock from the country to IMF to secure a loan at that time. There is a funny story that the van driving the gold to airport broke down causing panic :laugh:

You statement about Pakistan bailouts from IMF makes me wonder if Pakistan also uses gold to secure IMF loans? 🤔
 

Norwegian

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India had to airlift gold stock from the country to IMF to secure a loan at that time. There is a funny story that the van driving the gold to airport broke down causing panic :laugh:

You statement about Pakistan bailouts from IMF makes me wonder if Pakistan also uses gold to secure IMF loans? 🤔
Nope. Pakistan gets loan regardless of gold. We are special.
Why don't you buy 1 liter petrol at 336.45 Krone and come back to the thread?
Why? Norwegian politicians do not import more than export hence our currency is stable unlike Pakistan
 

Sainthood 101

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So you are leaving Norway for Pakistan to enjoy most cheapest petrol in the region?


Yeah time for Iran to offer oil and gas deals to Pakistan after having struck a deal with US
you know it can really help Pakistan's economy right?
gas from CA and oil of Iran would be a blessing for Pakistan
 

El Sidd

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Why? Norwegian politicians do not import more than export hence our currency is stable unlike Pakistan

Government must answer for her austerity measures and how it is being run on day to day basis without policy. Individual politicians have individual laws.

Government not only increased salaries of her own officials but also allowed for luxury imports in an attempt to restart the economy.

Unless it holds her predecessor accountable, she will be held accountable for cumulative crime.

IMF freely dictates policy after all agreements with them were declared national security issue.

Only one who is happy at current affairs in the country are cultists like those from Rabwa who are promised destruction of Pakistan as some prophecy by their Messiah.
 

El Sidd

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you know it can really help Pakistan's economy right?
gas from CA and oil of Iran would be a blessing for Pakistan

In words of Mr. Senator Gilani, whose stopping you?

Next you would come argue how giving India access to them is vital to uplift the region.
 

Sainthood 101

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Jul 24, 2021
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In words of Mr. Senator Gilani, whose stopping you?

Next you would come argue how giving India access to them is vital to uplift the region.
F-the region than

we are not even trading with them- what benefit would we get by the upliftment of the region?
 

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