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Petrol increased by PKR 30 to PKR 209.9

Okay!
Now people will know, they are in big trouble....
Remember who has done this mess...

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India reduced 25 Rupees in fuel by importing Oil from Russia.
Any reduction which happened was due to reducing of Excise duty. Nothing to do with cheap fuel actually.
India selling at Pak Rs 266 and PTI giving example of India cheap oil. SHAME

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Good job pointing it out.
 
Also the freaking automotive cartel, can’t believe how cars a commodity are an appreciating asset in Pakistan.

Dolllaaaarrrrrsssssss

I went to buy a computer accessory a couple of days ago. I asked the guy if I want to sell it a couple of months later, what would be it's price.

He said befikr rahain, jitnay ki lay rahay hain us say zyada ki hi bikay gi :P
 
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.

The fact that Pakistan chooses to meddle in its markets, as you have described it, will never offer any immunity from free market forces, as we can see here.
 
expect 60% inflation increased now
 
Another gift from imported government in very less time, keep it up well done, PDM has been deeply exposed along with Establishment
 
this means that cooking oil per liter will be around 650-700 when new price enroll

5 litre cooking will be 3200 to 3500 from 2200 where imran khan left.
 
Meanwhile this haramkhor PM Showbaz is enjoying Turkey trip with his family and friends. WTF is he even doing in Turkey?



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@VCheng , Why can we not remove or lessen the perks of bureaucracy or giving them free fuel and luxury is necessary for poor country like Pakistan.
 

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