Govt rolls back POL price hike

Gilani announces decision in National Assembly

Parliamentary leaders taken on board; Opposition hails decision

Special Correspondent/ Agencies

ISLAMABAD: Prime Minister Syed Yousuf Raza Gilani on Thursday announced restoration of prices of POL products to the level of December 31, last year and withdrew the latest increase announced by the government. Making a policy statement on the issue in the National Assembly, he said the decision has been taken in deference to the demand of the public, parliament and the political leadership.

He said the decision was arrived at the meeting of leaders of all parliamentary parties in Islamabad where they were briefed by the Finance Minister and other members of the government’s economic team on the petroleum prices and the overall economic situation. Prime Minister said there was consensus in the meeting that the latest increase should be withdrawn.

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Posted in: assassination,back,decision,Govt,hike,issue,Minister,parliamentary,POL,price,prices,Prime Minister

Gilani positive over govt’s fate

Govt can’t afford subsidies on POL products

Special Correspondent

LAHORE: Prime Minister Syed Yousuf Raza Gilani looks determined and confident over despite latest political move, as on Sunday he said that government is not going anywhere. He was talking to the newsmen here in Lahore after meeting with former JI Ameer Qazi Hussain Ahmed. Prime Minister Gilani said that MQM’s departure makes no difference to the government and says that he doesn’t see any crisis or the government’s collapse.

Gilani asserted that government would continue to function with or without any coalition partner. He was optimistic that PML-N Chief Nawaz Sharif is in favor of democratic process and would not let it derail.
To a question on the recent increase in the prices of petroleum products, Gilani said that government could not afford to grant any more subsidies on petroleum products, added that prices of the petroleum products was determined by an independent authority, that adjust the local fuel prices keeping its international prices in fore.
Prime Minister Gilani replying to another question said that PPP government doest not believe in horse-trading. Gilani said that government has no intention to bring amendments in the blasphemy law, while Sherry Rehman has submitted the motion in her personal capacity, added that govenment can’t even think of doing so.

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Posted in: gilani,Minister,PML,POL,POL products,PPP,prices,Prime Minister,Prime Minister Gilani,Sharif,that,trading

POL price hike draws public ire

ANP, MQM, JI unite against fuel price increase

Staff Reporter / Agencies

ISLAMABAD/KARACHI: Awami National Party (ANP) and the Pakistan Muslim League-Nawaz (PML-N) rejected the hike in prices of petroleum products Saturday and presented adjournment motions in the Senate and the National Assembly, television reports said. An adjournment motion was presented by the ANP, the government’s coalition partner. The motion said that the measure would burden the people, and called on the government to review its decision.

According to one report, the PML-N also tabled an adjournment motion against the petroleum price hike. The PML-N’s motion stated that the government led by the Pakistan Peoples Party (PPP), which chants slogans of providing the people with bread, cloth and shelter, was depriving people from their right to live.
The motion also called for a debate on the matter in the parliament.

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Posted in: ANP,hike,increase,Pakistan,PML,POL,price,prices,that