The sudden rise in the prices of petrol and diesel shows that Pakistan is facing a severe inflation rate and has to cope with the rules of the International Monetary Fund (IMF). This acts as the sharp knife among the throats of the common people. The steep rise in the suicide rate shows that the common people of Pakistan, who pay the highest taxes, are the ones who suffer the most. The rate of basic amenities will increase with the rise in petroleum prices. The Ministry of Finance announced the rise in a post on X (previously Twitter) shortly after midnight, bringing the cost of gasoline to Rs305.36 per liter and the cost of HSD to Rs311.84 per liter. With the increase in energy prices, many things will also increase their rates because of the life cycle connected with the fuel. The hike in transportation prices will be seen soon, and with the passage of time, the prices of basic necessities will increase. The rate of 1 kg of sugar has recently increased and will increase more because businessmen will induce the extra charges and they are abide to buy petrol at the high prices.
This vicious, never-ending cycle shows that the currency of Pakistan is devaluing day by day, and the high cost of living makes the poor even poorer. How can we imagine that a person will live a peaceful life with a wage of PKR 30,000? The Bomb of electricity bill was unbearable, but now locals have to bear more.
