Petrol prices increased to Rs98.89 per litre

[ARMalik]

You calculation is wrong $1.50 = PKR 211

Aussie dollar mate, A$1 = Rs 100.

 

[BHarwana]

Aussie dollar mate, A$1 = Rs 100.

Sorry I thought you meant USD then you are right my apologize.

 

[Yaseen1]

govt will never give such benefit to public and generating new employment is much better than giving unemployment benefits to public,india has large population and we should not follow india as there large public is living in poverty and they still use bicycle rickshaws for transport

Pakistan processes 400000 barrels of oil per day. 1 barrel of oil = 159 liters

Price of oil in India = $1.13
Price of oil in Pakistan = $0.7

Total liters of oil processed in Pakistan = 63600000

Price difference in India Pakistan gasoline price = PKR 60.57

If price of oil increased to Indian price in Pakistan Govt will earn PKR 3,852,252,000

Total population of Pakistan = 200 million

Govt can give every citizen PKR 5778 per month unemployment benefit just by making oil price equal to Indian oil price.

 

[BHarwana]

govt will never give such benefit to public and generating new employment is much better than giving unemployment benefits to public,india has large population and we should not follow india as there large public is living in poverty and they still use bicycle rickshaws for transport

I just did the math what Govt want to do or not is up to it. Imran Khan wants to make Pakistan a welfare state here is the way although I have calculated whole population for benefit but if you only give unemployment benefit than the amount Govt can pay will go up from Pkr 5778 just because of oil taxation.

As unemployment rate in Pakistan is 5.9% govt can easily pay minimum wage to unemployed in Pakistan by oil Taxation through this means.

This will also bring down oil consumption in Pakistan as fuel will get expensive and will decrease oil import and also make people use more public transport and will help environment. the excessive money collected can be used to give subsidy to electricity sector. This can make sure no one sleeps hungry in the country.

 

[SSGcommandoPAK]

1 week left for PM surprise

 

[Yaseen1]

such taxation and benefits come at later stage when economy becomes strong and people are able to pay high taxes but here if govt does it when public is incapable of paying this tax it will simply result in less petrol consumption and demand and as a result govt will be unable to raise estimated amount

I just did the math what Govt want to do or not is up to it. Imran Khan wants to make Pakistan a welfare state here is the way although I have calculated whole population for benefit but if you only give unemployment benefit than the amount Govt can pay will go up from Pkr 5778 just because of oil taxation.

As unemployment rate in Pakistan is 5.9% govt can easily pay minimum wage to unemployed in Pakistan by oil Taxation through this means.

This will also bring down oil consumption in Pakistan as fuel will get expensive and will decrease oil import and also make people use more public transport and will help environment. the excessive money collected can be used to give subsidy to electricity sector. This can make sure no one sleeps hungry in the country.

 

[BHarwana]

such taxation and benefits come at later stage when economy becomes strong and people are able to pay high taxes but here if govt does it when public is incapable of paying this tax it will simply result in less petrol consumption and demand and as a result govt will be unable to raise estimated amount

So this means less oil being imported and foreign reserves being spent on oil with consumption coming down. The only bad effect of this policy is inflation but then again every one will be getting money to coupe with inflation. Such policy comes with a risk of back firing and take a great amount of political will to implement such models but IK vision of welfare state and poverty elevation is not out of reach just needs a better tweaking of policies.

 

[Yaseen1]

it will result in slow down of economy and unemployment as well as loss of tax revenue that gov earn with imports and also social problems and crime rate will increase.Foreign reserves will not increase much but will remain constant as economic growth is decreased and in long run may decline.This policy work better when you have best alternative like metro trains and buses in all cities and public transport has high quality and also alternative source of energy available like electric cars and cars running on other locally produced fuel

So this means less oil being imported and foreign reserves being spent on oil with consumption coming down. The only bad effect of this policy is inflation but then again every one will be getting money to coupe with inflation. Such policy comes with a risk of back firing and take a great amount of political will to implement such models but IK vision of welfare state and poverty elevation is not out of reach just needs a better tweaking of policies.

 

[Sine Nomine]

Pakistan processes 400000 barrels of oil per day. 1 barrel of oil = 159 liters

Price of oil in India = $1.13
Price of oil in Pakistan = $0.7

Total liters of oil processed in Pakistan = 63600000

Price difference in India Pakistan gasoline price = PKR 60.57

If price of oil increased to Indian price in Pakistan Govt will earn PKR 3,852,252,000

Total population of Pakistan = 200 million

Govt can give every citizen PKR 5778 per month unemployment benefit just by making oil price equal to Indian oil price.

Akalmand Oil prices are going to hit Transportation sector,increase in Oil price would increase cost of transportation which would lead to increase of price in every sector.Every day amount of people capable of having 3 meals a day is shrinking,water table is going down and things are getting worst.Govt is just doing nothing other then blaming past Governments and asking for Ehtesab.

google them yourself...!!!

Then don't post half baked facts.

 

[El Sidd]

People will buy petrol for 150rs per liter for Imran Khan. He is so handsome

 

[Sine Nomine]

People will buy petrol for 150rs per liter for Imran Khan. He is so handsome

Price of Oil in India is higher as compared to Pakistan.

 

[El Sidd]

Price of Oil in India is higher as compared to Pakistan.

this must be what heaven feels like

 

[Sine Nomine]

this must be what heaven feels like

Yes after recent oil discovery in karachi i have ordered a camel,a Keffiyeh,a thawb, have seen land for palace and parties

 

[El Sidd]

Yes after recent oil discovery in karachi i have ordered a camel,a Keffiyeh,a thawb, have seen land for palace and parties

Rub me with oil or die said the Priest

 

[HammerHead081]

So this means less oil being imported and foreign reserves being spent on oil with consumption coming down. The only bad effect of this policy is inflation but then again every one will be getting money to coupe with inflation. Such policy comes with a risk of back firing and take a great amount of political will to implement such models but IK vision of welfare state and poverty elevation is not out of reach just needs a better tweaking of policies.

Bhai tumara bas chalei tou bolo petrol ki price 1000 rs. per litre kardo takei oil less import ho aur foreign reserves bharei

Price of Oil in India is higher as compared to Pakistan.

1INR = 2.03PKR, people don't feel as much damaged as here due to their strength of currency.