No Result
View All Result
Thursday, August 27, 2026
MM News
اردو
  • Home
  • Latest News
  • National
  • Showbiz
    Dennis Quaid, David Oyelowo and Forrest Goodluck in the 'Lawmen: Bass Reeves' finale Paramount+

    Popular Paramount+ western ‘Lawmen: Bass Reeves’ set for Netflix release

    Taana Baana’s ‘Qurban’ Eid campaign draws backlash

    In Pictures: Met Gala Best and Worst looks

    Benji Madden and Cameron Diaz in 2016. (Donato Sardella/Getty)

    Cameron Diaz and Benji Madden welcome third child

    LHC partially suspends damages ruling against Meesha Shafi in Ali Zafar defamation case

    Nimra Khan announces second marriage

    Colombian pop star Shakira performs during her free concert on Copacabana Beach in Rio de Janeiro, Saturday, May 2, 2026. (AP Photo/Silvia Izquierdo)

    Shakira lights up Rio with free concert attended by 2 million

    What Dananeer Mobeen is doing in London?

    Riteish Deshmukh’s Raja Shivaji movie garners critical acclaim

    Eric Bana as Kyle Turner, Lily Santiago as Naya Vasquez in Untamed.Courtesy of Netflix

    Fancy gripping mystery? Netflix’s ‘Untamed’ is a must-watch

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
MM News
  • Home
  • Latest News
  • National
  • Showbiz
    Dennis Quaid, David Oyelowo and Forrest Goodluck in the 'Lawmen: Bass Reeves' finale Paramount+

    Popular Paramount+ western ‘Lawmen: Bass Reeves’ set for Netflix release

    Taana Baana’s ‘Qurban’ Eid campaign draws backlash

    In Pictures: Met Gala Best and Worst looks

    Benji Madden and Cameron Diaz in 2016. (Donato Sardella/Getty)

    Cameron Diaz and Benji Madden welcome third child

    LHC partially suspends damages ruling against Meesha Shafi in Ali Zafar defamation case

    Nimra Khan announces second marriage

    Colombian pop star Shakira performs during her free concert on Copacabana Beach in Rio de Janeiro, Saturday, May 2, 2026. (AP Photo/Silvia Izquierdo)

    Shakira lights up Rio with free concert attended by 2 million

    What Dananeer Mobeen is doing in London?

    Riteish Deshmukh’s Raja Shivaji movie garners critical acclaim

    Eric Bana as Kyle Turner, Lily Santiago as Naya Vasquez in Untamed.Courtesy of Netflix

    Fancy gripping mystery? Netflix’s ‘Untamed’ is a must-watch

  • Thought Box
  • Business
  • Opinions
  • Technology
  • The Other Side
No Result
View All Result
No Result
View All Result
MM News
اردو
  • Latest
  • Showbiz
  • Thought Box
  • Business & Stock
  • Opinions
  • Technology
  • The Other Side-Pakistan
Home Uncategorized

Spiralling inflation a failure of PTI govt: PML-N’s Shahid Khaqan

MM News Staff by MM News Staff
November 5, 2021
Reading Time: 2 mins read
PM Imran 'misleading' nation on petrol price hike: Ahsan Iqbal. (Source: Online)

PM Imran 'misleading' nation on petrol price hike: Ahsan Iqbal. (Source: Online)

LAHORE: Former prime minister and Pakistan Muslim League-Nawaz (PML-N) leader Shahid Khaqan Abbasi heavily criticized the government for hike in prices, termed the spiralling inflation a “failure of the government”.

Addressing a press conference along with PML-N leader Ahsan Iqbal in Islamabad, the former premier asserted that over the past three days, the price of not just petrol, but also of other commodities such as eggs, potatoes and onions had increased manifold.

Referring to a relief package recently announced by Prime Minister Imran, Abbasi questioned from where the funds for the Rs120 billion programme were to be arranged. “This all is just for the show. It is a deception with the nation,” he added.

ADVERTISEMENT

The PML-N stalwart also regretted that the parliament, where the issue of inflation could be deliberated upon to find a solution, had been “deliberately paralysed”. “We were compelled to hold a press conference to highlight this important issue, as there was a bar on speaking in the parliament,” he added.

Referring to PM Imran’s speech a day ago, he quoted the premier as saying that the latter would not shake hands with the “corrupt” opposition. “However, then why does he shake hands with those in his cabinet?” Abbasi questioned, alleging the involvement of cabinet members in sugar and drug mafias.

‘PM Imran misleading the nation’

Taking over the presser, PML-N leader Ahsan Iqbal said that Prime Minister Imran Khan was “misleading the nation” on the hike in petrol prices.

He referred to the premier’s address at a public gathering earlier in the day, where the latter had said that the rise in inflation and prices of commodities was a consequence of the increase in prices globally.

“This rise in the price of petrol in the country is in no way linked to the increase in the prices of fuel internationally,” he added. Noting that the price of fuel was around $65 per barrel on average in 2018, he said over the course of three years, the rate had risen by around merely $2 or three percent to $67.

“Internationally, the fuel price increases by just three percent, and here it jacks up by 66pc,” the PML-N leader pointed out. Hence, he added, the rise in petrol price in Pakistan was the result of the incumbent government’s “inefficiency and wrong decisions”.

He further said because of the rupee’s devaluation, the price of every commodity being imported would increase. “And when the price of imported fuel increases, there will be a rise in electricity and gas prices. It’s a chain, and eventually the price of other commodities would soar as well,” he added.

ShareTweetSendShare
Previous Post

T20 World Cup: India thrashes Scotland to stay alive in tournament

Next Post

CNG stations to remain closed in Sindh, Balochistan for 24 days

Related Stories

According to reports, police in Karachi’s South district took into custody eight women, including leaders of the Aurat March and the transgender community, as they arrived at the press club to hold a press conference.
Uncategorized

Sheema Kermani among eight Aurat March activists arrested

May 5, 2026
(File)
Uncategorized

Tariq Malik recognized among world’s top identity leaders

May 5, 2026
Uncategorized

Three Karachi young men drown in Hub River

May 3, 2026
Uncategorized

Battle of Truth: Pakistan’s Strategic Triumph

May 3, 2026
Next Post
Supply to CNG stations closed till Monday 8am. (Source: INP)

CNG stations to remain closed in Sindh, Balochistan for 24 days

Latest

Oil prices fall a second day as Trump indicates possible Iran peace deal

4 months ago

The disconnect in Pakistan’s Hepatitis C elimination drive

4 months ago

Pakistan welcomes first transshipment cargo vessel of May at Gwadar Port

4 months ago

Heidi Klum’s craziest looks through the years

4 months ago

Pakistan Navy saves 6 Indian crew members in Arabian Sea

4 months ago

Revised timings for gyms, sports activities announced in Islamabad

4 months ago

Pakistan Army top brass rejects Taliban’s propaganda

4 months ago

Israel extends detention of Gaza flotilla activists, lawyers say

4 months ago

Latest

Oil prices fall a second day as Trump indicates possible Iran peace deal

4 months ago

The disconnect in Pakistan’s Hepatitis C elimination drive

4 months ago

Pakistan welcomes first transshipment cargo vessel of May at Gwadar Port

4 months ago

Heidi Klum’s craziest looks through the years

4 months ago

Pakistan Navy saves 6 Indian crew members in Arabian Sea

4 months ago

Revised timings for gyms, sports activities announced in Islamabad

4 months ago

MM Digital (Pvt.) Ltd.

MM News is a subsidiary of the MM Group of Companies. It was established in 2019 with the aim of providing people of Pakistan access to unbiased information. Contact Details: 03200201537

Quick Links

  • Home
  • Advertise
  • MM News Urdu
  • The Other Side-Pakistan
  • Contact Us
  • Privacy Policy

Top Pages

  • Latest News
  • Showbiz
  • OP-ED
  • Technology
No Result
View All Result
  • Latest News
  • Showbiz
  • Thought Box
  • Business
  • Opinions
  • Technology

© Copyright 2024 MMNews - All Rights Reserved.