Petrol prices: ‘President promises to review the decision’

President Zardari tells Altaf he will meet MQM representatives to address their concerns.

Express March 02, 2011

KARACHI: Amid growing criticism from the opposition and some allied parties on Monday’s increase in the prices of petroleum products, President Asif Ali Zardari is said to have assured the chief of a key coalition partner that the government will review the decision.

Speaking to Altaf Hussain, chief of the Muttahida Qaumi Movement (MQM) over phone, President Zardari said that he and Finance Minister Dr Abdul Hafeez Sheikh will meet the MQM representatives on Wednesday (today) to address the party’s concerns.

According to media release issued from London, Altaf informed the president about the unease created by the government decision to increase the prices of petroleum products by close to 10 per cent.

On Monday, the MQM coordination committee rejected the increase and asked the government to review its decision within three days.

Altaf said that the raise in the prices of petroleum products would have a domino effect as it would lead to a sharp increase in the prices of daily-use items. This, he said, would add to the problems of the common man.

Published in The Express Tribune, March 2nd, 2011.


Sana | 10 years ago | Reply Lets us learn to pay tax and then demand any support from bankrupt government. Our singers are earning 100+million yearly and don't possess any tax number
Imran | 10 years ago | Reply Please do not reduce petrol prices. No siubsidies. Petrol has increased all over the world. In UK by 20% and even in India its selling for pak rs equivalent of 120 rupees. The govt is still subsidising otherwise the proposed price increase was Rs 20. Please understand thats its important for our economy not to subsidise. And those who want to strike n burn should know they r simply harming thier own country. When benazir died u burnt so much that the result was load shedding. Burn again n u will get even higher petrol prices. Zardari ko mera salaam. First good thing he has done.
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