The government's statements about POL prices are causing even more uncertainty.

 


ISLAMABAD: The government's boasts of lower POL costs in Pakistan compared to other regional nations are merely adding to the uncertainty since the public is given incorrect information.

Petrol costs between 98 and 105 rupees a liter in various Indian states and cities. In Bangladesh, the price of gasoline is 90 takas per liter.

The price of a liter of fuel in Sri Lana is 157 rupees. The price of fuel in Nepalese currency is 130 rupees per liter. The price of fuel in Pakistan is Rs127.30 per liter.

In order to determine fuel costs in other regional nations, the government is now using rupee-dollar parity. Pakistan's currency rate has plummeted in recent months, and it currently stands at Rs172 versus the US dollar.

Second, the government should examine per capita income in order to determine buying power. The per capita income is computed in USD and may be used as a baseline to compare the pricing of POL goods in various South Asian nations. It would be terrible to give the public half-baked and inaccurate information-related tales since this will undermine the credibility of the government's whole story.



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