Valar.
SENIOR MEMBER
- Joined
- Nov 29, 2017
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- 4,144
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No, thank you.The best Pakistan can do now is to export it's nuclear scientists to Turkey and Iran.
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No, thank you.The best Pakistan can do now is to export it's nuclear scientists to Turkey and Iran.
that is going to be difficultSalaam
Permanent residency (or maybe personal record? )
Petrol raised 60Rs, electricity units increased 47%, gas increased 45%.
Another 20-30 Rs price hike coming our way by 15th June. Get ready!
Not really though/ most things you can refer to international prices to see if there is in fact collusion or not- there is on a few things like sugar btw (for some reason, that’s a golden calf because of who runs that cartel)Well there is a caveat with that too, I had a discussion with @niaz on this too.
You could leave it all to the market to decide, but then the cartelization of the free market is a real possibility. In the absence of a strong regulator like the US or other countries, you will see collusion and price gouging. And we all know how weak the regulators are in this country.
In Pakistan, PSO is a state owned company, so it can sell the fuel at the actual rates, and private companies will be forced to sell it at that too...but there is great room to manipulate the pricing structure in that as well.
But I agree, principally, it should be market determined, and not regulated.
Is ko to chorain, we are perhaps the only country in this world where sugarcane price is determined by the govt but sugar price is determined by the market. You have the cost of production regulated, but the sale price determined by the market.
What is your opinion about it? Can the Pakistan government afford this?The price should go up or down according to global prices without ANY subsidies. No government in Pakistan can afford them currently.
The price should go up or down according to global prices without ANY subsidies. No government in Pakistan can afford them currently.