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Pakistanis hit by 14% petrol rise Pakistanis hit by 14% petrol rise
(about 1 hour later)
Pakistan's government has raised petrol and diesel prices by 14% - the largest such increase in the country's history.Pakistan's government has raised petrol and diesel prices by 14% - the largest such increase in the country's history.
The move has been met with protests by manufacturers and consumers. It is the sixth fuel price rise since the new government took office in February.The move has been met with protests by manufacturers and consumers. It is the sixth fuel price rise since the new government took office in February.
The latest price rise will put more pressure on the already beleaguered coalition government.The latest price rise will put more pressure on the already beleaguered coalition government.
The government says it was forced to make the increase because of rocketing international oil prices.The government says it was forced to make the increase because of rocketing international oil prices.
Anger growingAnger growing
The new price rise affects all petroleum-based products, including petrol and diesel.The new price rise affects all petroleum-based products, including petrol and diesel.
Officials say the latest announcement should have been made a week ago.Officials say the latest announcement should have been made a week ago.
But they say it was delayed on the orders of Prime Minister Yousuf Raza Gilani until after he had made an address to the nation on Saturday evening.But they say it was delayed on the orders of Prime Minister Yousuf Raza Gilani until after he had made an address to the nation on Saturday evening.
The address was meant to highlight his achievements since coming to power.The address was meant to highlight his achievements since coming to power.
But the new government has had to face increasing criticism that it has not done enough to combat mounting economic instability.But the new government has had to face increasing criticism that it has not done enough to combat mounting economic instability.
The government blames global economic difficulties and rapidly increasing oil prices for the fuel prices in Pakistan.The government blames global economic difficulties and rapidly increasing oil prices for the fuel prices in Pakistan.
But that has not stopped anger growing among already frustrated citizens who have also been hit badly by soaring food prices.But that has not stopped anger growing among already frustrated citizens who have also been hit badly by soaring food prices.
In Pakistan's biggest city, Karachi, the mood was not helped when many petrol stations deliberately restricted sales on Sunday before the new prices came into effect in order to sell more at the higher rate.In Pakistan's biggest city, Karachi, the mood was not helped when many petrol stations deliberately restricted sales on Sunday before the new prices came into effect in order to sell more at the higher rate.
On Monday public transport in Karachi was hit by a transport union strike.On Monday public transport in Karachi was hit by a transport union strike.