Opposition parties claimed that Prime Minister Imran Khan’s decision to lower petroleum and electricity prices was the result of a long march and no-trust motion to oust the government, claiming that the government was concerned and thus the prime minister announced relief for the people.
In a surprise decision, Prime Minister Imran Khan declared in a national speech on Monday that petrol and diesel prices would be slashed by Rs10 per litre.
In addition to various other alleviation measures, he promised an Rs5 cut in electricity bills.
“Imran Khan’s legs are trembling now,” PPP chairman Bilawal Bhutto Zardari, who is organizing a protracted march against the present administration, complimented the people on lower petroleum prices, adding, “Imran Khan’s legs are trembling now.”
Miftah Ismail, a former finance minister, and PML-N leader, similarly blamed the drop in petroleum prices on the opposition’s pressure methods on the government.
The opposition parties have reached a stalemate over the no-trust motion: Sheikh Rasheed is a Muslim who lives in the United Arab Emirates
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At Bilawal House in Lahore, Asif Zardari and Shehbaz Sharif met.
Miftah Ismail, speaking to media, said that those who recommended not to worry are now frightened because of the no-trust move against the PM.
Senator Sherry Rehman of the Pakistan People’s Party (PPP) claimed the PM’s declaration was the outcome of Bilawal Bhutto’s long march.
“We have just begun a long march, and further relief measures will be unveiled before the PPP arrives in Islamabad,” she continued.
PML-N spokesperson Maryam Aurangzaib claimed the reduction in petrol and power prices was a futile attempt by the PM to save his job.
“His [Imran Khan’s] choice reflects a rising dread of a no-confidence vote in the National Assembly,” she continued.
PPP senior leader Khursheed Shah claimed that the PPP’s long march forced the prime minister to focus on the needs of the people, but that Imran Khan’s game is now done.
Imran Khan used to insult opponents, according to PML-N leader Pervaiz Rasheed, but now he is afraid of losing his own seat.
PM Imran Khan announces economic relief measures in his address to the nation
In the midst of the continuing Ukraine-Russia crisis, Prime Minister Imran Khan unveiled a slew of economic relief measures and emphasized the importance of an independent foreign policy.
The prime minister said in his address to the nation that the government was lowering gasoline, diesel, and electricity costs and that they would not be raised until the next budget, which will be released in June.
The government has decided to decrease fuel and gasoline costs by Rs10, while the power rate would be reduced by Rs5. “These commodities’ prices will not rise until the following budget.”
He stated that the government was working on the construction of ten dams that would assist Pakistan to avoid global price fluctuations in the future since power will be generated through the hydel system.
PM Imran Khan also said that the government has decided to boost the cash handouts under the Ehsaas programme from Rs12,000 to Rs14,000 and that jobless graduates will be given internships and a stipend of Rs30,000 — but did not elaborate on the mechanism.
The premier declared a complete tax exemption for the IT sector, including businesses and freelancers, as well as no foreign exchange restrictions. Additionally, IT startups will no longer be subject to capital gains tax.
