HomeLifestyleGas Tariffs Increased by 190%, Social Media Aflame with Outrage

Gas Tariffs Increased by 190%, Social Media Aflame with Outrage

Published on

The federal government, with the Economic Coordination Committee, decided yesterday to increase gas tariffs by up to 190% to fulfill the remaining conditions of the International Monetary Fund.

It has been agreed with the IMF that the new tariffs will be in effect from July 1, 2019. It is notable that, in this fiscal year, PTI government has increased the prices of gas for the second time.

Amnesty Scheme 2019: A Guide to Help You Check Your Assets Data Online

Moreover, the Pakistani Rupee reached an all-time low of Rs. 161.5 against the greenback yesterday, which means it depreciated by Rs. 4.5 in one day only.

This just serves as further bad news for Pakistanis, and both the news combined have taken the social media by storm.

Many are back to criticizing PM Imran Khan’s idea of ‘Naya Pakistan’ and ‘tabdeeli’ as always.

 

Many are discussing how this hike will affect the salaried class the most and criticizing the PM straight away.

 

As a layman, the gas bill is one of the easiest on the wallet. However, after the tariffs increasing twice, it might not be the same anymore.

While it may not be such a big deal for the elite class, the middle and upper middle income groups are the ones who will suffer most from the burden, who have already become victim to inflation and the ever-increasing income taxes.

The Dollar Rises to 162.47 Against the Pakistani Rupee

What do you think about the almost doubled gas tariffs and other taxes introduced in the budget? Let us know in the comments!

Stay tuned to Brandsynario for more updates.

Latest articles

Did Netflix Use Generative AI for the First Time in One of Its Originals?

Artificial Intelligence (AI) has penetrated virtually every important field of human life. Information technology,...

What is Experience Marketing and Why is it the Next Big Thing?

We live in an advertisement-saturated society, where popular brands aren’t just selling products, they’re...

Food Expiration Dates Don’t Indicate What You Think They Do!

I am about to tell you something you may have never heard of...the expiry...

The Late Sidhu Moose Wala is Touring Again… Wait, What?

The world was left in shock when the Punjabi singer/rapper Sidhu Moose Wala was...