Petrol prices to seek another hike in the future, says Miftah Ismail

Miftah Ismail, Finance Minister said on Tuesday that the petrol prices might see another hike in the coming days. Just after a shocking increase of Rs 60 in just 10 days of PMLN leadership.

Ismail in a budget conference said that the decision was taken in line with decision of the former Prime Minister and former Finance Minister Shaukat Tarin. decision of proceeding to IMF. He further said, that the previous government had accepted IMF deals of not increasing the subsidies. That eventually resulted in the collapse of economy.

In a tweet, Miftah Ismail said will announce austerity measures to save the government?s expenditures. Other than no financial emergency has been declared yet. He said that the government is not facing any financial emergency after two increases in the petrol prices.

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Syeda Qandeel Zehra, an MBA holder with four years of content writing experience, is a versatile writer adept in news, blogs, and articles. Specializing in SEO content, she combines business insight with engaging storytelling. Keen on staying updated with industry trends, Syeda crafts compelling and high-ranking content that resonates with her audience.

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