Pakistan is in control of a higher power than mere humans, so Pakistan will survive through will of Almighty, not orders of ruling politicians.
As for IK, ghee's price was increased Rs 30 just today with a reduction of 10 paisa per unit surcharge in electricity. If you rate that as relief for public considering that electricity rate has been increased roughly by Rs 4-5 per unit in 6 months, then this could be IK's last tenure.
ECC puts on hold increase in flour, sugar prices till after Eidul Fitr.
www.dawn.com
One can understand Uneducated idiots and Indian newspaper in Pakistan "Dawn" talking nonsense, but you as Think Tank on PDF should know better.
https://biofuels-news.com/news/palm-oil-prices-to-increase-as-global-supply-squeezed/
Palm oil prices will continue to rise in the first half of 2021 as global supply is squeezed, the Council of Palm Oil Producing Countries (CPOPC) said.
Disruptions from persistent heavy rainfall in South-east Asia meant global supply would remain tight until the first quarter of next year, CPOPC said in an outlook it published.
“Towards the second half of 2021, adequate rainfall and better crop management incentivised by the current high palm prices will significantly boost production,” it said.
Malaysia’s benchmark crude palm oil prices rose to $3,348 (€681) a tonne on Tuesday, staying close to more than eight-year highs hit in November.
A deficit in the global supply of vegetable oils as unfavourable weather disrupts production of soy, sunflower, and rapeseed oil would also support crude palm oil prices going into 2021, and encourage a demand switch to cheaper palm oil, CPOPC added.
It cautioned that it sees structural changes in global palm oil supply from 2021 onwards due to a slowdown in new plantings across top producers Indonesia and Malaysia since 2015.
“It must also be highlighted that Indonesia’s smallholders replanting oil palms totalling 500,000 hectares by the end of 2022 should sustain adequate palm oil supply for the world,” CPOPC said.
Indonesia and Malaysia, the two biggest producers of palm oil, have limited expansion of new plantations in response to criticisms of deforestation and the destruction of natural habitats.
While tight edible oil stockpiles in top markets India and China are keeping imports healthy
Instead of telling people the truth that how worldwide price increase is the reason for this price increase in Pakistan special interest and sold out shameless Media are claiming this is PMIK doing.
India
India annually imports 13.52 million tonnes of vegetable oils and out of this 60% is palm oil from Indonesia and
Malaysia. Since April’2020 till date, palm oil prices in retail have increased by Rs 40-45 per litre to Rs 100 a litre said Sudhakar Desai, president of Indian Vegetable Oil Producers Association.
Please feel free to tell us all how its OK for the other countries affected by this to pass on the increases to the end consumer, but its not ok to do so in Pakistan.
How a country like Pakistan heavily in debt with empty treasury can afford to swallow these massive price increases in international market without passing on the price increase, while other countries with much better shape balance sheet are doing exactly what needs to be done.
POWER
When is the Media and shameless people going to ask who signed these these generous contracts with IPP, explain the reason why power tariffs are being increased.
Instead Shameless people are blaming the guy who had absolutely nothing to do with these generous deals and is actually trying to fix it for this mess.
But We are being told by shameless People and sold out Media to bring back,Maryam Safdar,
Bilawal Zardari or Fazool diesel the good old who did this to us in the first place becauee when they were in power goods and services didnt cost a single paisa to the common man.REALLY?