ISLAMABAD: Pakistan has decided to keep the price of petrol unchanged for another fifteen days, Finance Minister Ishaq Dar announced late Friday in a bid to save the masses from the crushing weight of already high inflation.
To comply with tough conditionalities imposed by the International Monetary Fund (IMF) for a bailout package, Pakistan hiked fuel prices over the past year, pushing inflation to historic highs.
“Effective after 12 am tonight, there will be no increase in the price of petrol and old prices will remain in place,” Dar announced in a late-night press conference.
“There will be an increase of Rs7.50 per liter in the price of diesel for the next fifteen days.”
The finance minister added that the Oil and Gas Regulatory Authority (OGRA) had tried its best to keep the prices of petroleum products at a minimum after which the government had approved the new rates.
Pakistan’s energy imports during the last fiscal year were $23.3 billion, 29 percent of the country’s total imports. During the current fiscal year, the country imported energy products worth $7.7 billion, according to the Pakistan Bureau of Statistics (PBS).
Pakistan keeps petrol prices unchanged for another 15 days
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Pakistan keeps petrol prices unchanged for another 15 days
- Finance Minister Ishaq Dar says government increased price of diesel by Rs7.50 per liter
- Pakistan hiked fuel prices over past year, pushing inflation to unprecedented levels
Pakistan PM praises stuntman ‘Sultan Golden’ for breaking record for fastest reverse car driving
- Sultan Muhammad Khan drove one mile in reverse in just 57 seconds to set new world record, local media widely reported
- Khan previously broke world record for longest motorbike ramp jump in 1987, managing a 249-feet long jump in Lahore
ISLAMABAD: Prime Minister Shehbaz Sharif and President Asif Ali Zardari praised renowned stuntman Sultan Muhammad Khan, popularly known as “Sultan Golden,” for breaking the world record for fastest reverse driving a car on Saturday.
As per local media reports, Khan achieved the feat in the capital of Pakistan’s southwestern Balochistan province Quetta, when he drove one mile in reserve in just 57 seconds.
“Sultan Golden has made Pakistan proud across the world,” Sharif said in a statement released by his office.
The Pakistani prime minister said his government is committed to providing all possible facilities in every field of sports.
Zardari also heaped praise on the stuntman for setting the new world record.
“He said the achievement reflects the skill, courage and dedication of Pakistanis, strengthening Pakistan’s positive image globally and wished him continued success,” the president’s official X account wrote.
Khan has been performing stunts since the 1980s in Pakistan, a country where motorsports does not gain traction due to a lack of infrastructure and popularity of other sports such as cricket, football and squash.
Khan, who hails from the southwestern city of Pasni, earned the nickname ‘Golden’ early on in his youth for his iconic curly golden hair.
In March 1987, he entered his name in the Guinness Book of World Records when he performed the longest motorbike ramp jump in Lahore. Khan managed a 249-feet long jump, beating the previous record by two feet.
