Government likely to increase gas prices

[Gorgin Khan]

The benefits of Youthianomics ...

 

[Genghis khan1]

The Overseas Pakistanis don't care, let the folks back home suffer.

https://twitter.com/x/status/1441344936167673863

These idiots can joke and mock about things without realizing, that same overseas Pakistanis are keeping country afloat with their $20 billion dollar remittances.

They have zero sense and all they care free and subsidies facilities from country until it go bankrupt.

Petrol price already hurting me badly. Another surprise from this government. I think civil war is near.

… and civil war will unleash wells of free money.

It's like beating a dead horse.

Crime rates are going up from small towns to urban cities. Mental health of society cannot take this abuse longer.

What do you except Pakistan to do, attack Qatar, Iran or Saudi Arabia and take over their oil and gas wells. If Petroleum prices are on the rise internationally, there is nothing govt can do as an importing country.

 

[Genghis khan1]

Ghareeb will stay Ghareeb because he think his only job is to complain, give birth, more complain and ask govt to provide.

Exactly, Country of 220 million with little to no productivity. Every idiot is holding a imported mobile phone and drives foreign branded junk car now a days in Pakistan. Roads and highways are paid for by foreign loans. Many university graduates cannot build a decent presentation.

Tax chor, bijli chor, gas chor, pani chor. What do they excel in is, feeding donkies and dogs, fake medicines, Sectarian and ethnic violence and watching Aamir liaqat on TV .

Simple if you can’t even afford it, do not use it. Eat dal roti and live in a mud hut. Modern civilization requires Tax and productivity to function.

 

[FuturePAF]

no use explaining this to people again and again, they simply do not want to understand. i am no fan of current policies of PTI and their misgovernance, but what PMLN did is inexcusable.

people do not understand the reason for increasing prices, people do not know why dollar is high, and even if you take the time to patiently explain all of this to them, they will again say in the end "issay acha to nawaz shareef tha, qarza to woh bhi leta tha, magar sab kuchh sasta tha". these people do not want to understand.

The truth is that we are stuck in endless cycle, which we can only breakout off if our industrialists decide to target exports, and the government decides to introduce policies that incentivize localization.

the government needs to make a realistic plan to grow exports. The people may be willing to make the sacrifice if they know their sacrifices will bare fruit in the end. Rich people should be asked to invest into modernizing industries and agriculture if the government can show them how it will pay off, and failure to do so will make things worse for everyone.

once they have a plan, then they need to get buy in from industrialists, and once that is achieved (by hook or crook), have a nationally televised speech to bring the people into confidence.

This need not be the “winter of our discontent”, but one in which real transformation is made. But this time, they need to get the best Pakistani economists they can get, regardless of their faith.

 

[S.Y.A]

the government needs to make a realistic plan to grow exports. The people may be willing to make the sacrifice if they know their sacrifices will bare fruit in the end. Rich people should be asked to invest into modernizing industries and agriculture if the government can show them how it will pay off, and failure to do so will make things worse for everyone.

once they have a plan, then they need to get buy in from industrialists, and once that is achieved (by hook or crook), have a nationally televised speech to bring the people into confidence.

This need not be the “winter of our discontent”, but one in which real transformation is made. But this time, they need to get the best Pakistani economists they can get, regardless of their faith.

This, I agree with. but its not so easy to implement, our industrialists would shift all of their money abroad rather than do anything for the country.

 

[Dr-who]

What the govt needs to do is make start manufacturing things which are imported, funded by the govt and run by experts in private sector.
Thereafter sale shares and give incentives for common man to buy those shares.
Same as was done with ufone

 

[FuturePAF]

This, I agree with. but its not so easy to implement, our industrialists would shift all of their money abroad rather than do anything for the country.

Fair point. That is why a realistic plan needs created that would be competitive with the other countries. A plan that ruthlessly cuts out anything that would derail it, such as smuggling that undercuts our investors/industrialists or electricity theft that makes cost of doing business more expensive.

what suggestions would you give that would help retain and incentivize our industrialist class?

 

[Type59]

KARACHI (Dunya News) – In yet another bad news to the already suffering people, the federal government led by Pakistan Tehreek-e-Insaf (PTI) is all set to increase the gas prices for domestic consumers by up to a whopping 270 percent from November 1.


The proposal to increase the gas prices for domestic consumers has been made by the government.


The gas rate if increased would be effective from November 1 to February 28.


According to the documents, the gas prices will not be increased for domestic consumers with the first two slabs and the rate will not increase on the use of 0.5 hectare cube per month.


The rate will not increase on the use of one hectare per cubic meter per month, while the rate is proposed to be increased to 683 instead of 553 per 2 hectare per month. It is also proposed to increase the bill from Rs 3733 to Rs 4295 per 2 hectare per cubic meter per month.


According to the document, the monthly bill of 3 hectare cubic meter is proposed to be Rs 10,272 instead of Rs 8,016 and the rate of 4 hectare cubic meter per month is proposed to be Rs 19,495 instead of Rs 14,400.

Government likely to increase gas prices

The gas rate if increased would be effective from November 1 to February 28.

dunyanews.tv

Government cannot afford to subsidies prices, unless international buyers take rupees. Whats your suggestion to keep gas prices low?

 

[Norwegian]

they will again say in the end "issay acha to nawaz shareef tha, qarza to woh bhi leta tha, magar sab kuchh sasta tha". these people do not want to understand.

Brainless people

 

[S.Y.A]

what suggestions would you give that would help retain and incentivize our industrialist class?

just incentives arent going to cut it. govt itself needs to become a partner in such projects. own a percentage of the firm, this will reduce cost for the investors and will also be a source of income.

 

[Mav3rick]

Ofcourse, it is all expected. The only thing this corrupt and incompetent PTI Government knows to do is:

1. Blame PML (and sometimes PPP) for the past mistakes; throw in 70 years of mismanagement and corruption to the mix on various occassions.
2. Hike Gas Prices; Blame PML
3. Hike Petrol Prices; Blame PML
4. Hike Electricity Prices; Blame PML
5. Hike Taxes; Blame PML
6. Find creative ways to further milk those who are already taxed (Advance income tax on Electricity Bills etc.); Blame PML
7. Songs, Dances, Imran's Photos and Speeches; Blame PML
8. Change Finance Minister; play musical chairs with the portfolios of other Ministries and Advisers; Blame PML
9. Manipulate USD to weaken PKR; Blame PML
10. Other matters of personal interest (Case against Faiz Isa, extension to Army Chief, extension to NAB chief, sacking of FIA chief, rotation of senior bureaucrats etc.); Blame PML
11. Repeat!

 

[Norwegian]

Manipulate USD to weaken PKR

Darnomics

 

[GumNaam]

Look at all the oil and gas reserves Pakistan has. I have one simple question for the establishment and Imran Khan, WHY AREN'T WE USING THESE?!

 

[AZ1]

View attachment 785789
Look at all the oil and gas reserves Pakistan has. I have one simple question for the establishment and Imran Khan, WHY AREN'T WE USING THESE?!

2 reasons. One extraction price is higher tha. what we can have from saudia and others.
2nd its all studies/research and no company will invest in Pakistan after rekodiq case or will have 70% share of all oil.

 

[GumNaam]

2 reasons. One extraction price is higher tha. what we can have from saudia and others.
2nd its all studies/research and no company will invest in Pakistan after rekodiq case or will have 70% share of all oil.

but OGDC has the resources to extract those resources. the extraction price will naturally be higher cuz you have to invest in setting up the oil rigs but it's one time expense, it'll be a one time expense per oil or gas rig that'll be a gift that keeps on giving for years if not decades!