Daily Times

Pakistan Tehreek-e-Insaf (PTI) Vice Chairman Shah Mahmood Qureshi on Sunday stated that the Pakistan Democratic Movement (PDM) government has agreed on International Monetary Fund’s (IMF) terms to increase the petrol price by Rs50 per litre. While addressing the media in Multan, Shah Mahmood Qureshi stated that the coalition government also agreed on IMF’s terms to increase rate of electricity by Rs7 per unit. He claimed the new taxes of Rs700 billion would be imposed in the mini-budget. On the other hand, he said, people are forced to buy flour in queues. The former foreign minister said that PTI workers are ready for the general elections and they will fail the opposition’s ‘rigging strategy’. Qureshi further said that Maryam Nawaz should tell the nation about another wave of inflation after new hikes in the prices of essential commodities and utilities.