Jamaat-e-Islami (JI) emir Hafiz Naeemur Rehman has said that petrol prices require a reduction of Rs122, not Rs22.
Expressing his thoughts, he stated that global market prices are falling and that the petroleum levy should be abolished in full. He said the government should restore petrol prices to Rs250 per litre.
Also Read: Petrol, diesel prices reduced by Rs22 per litre each
He stated that if Rs250 per litre is declared as the maximum price for two years, economic activity would improve and revenue targets would be met. He terned the petroleum levy as a burden on the public and damaging to the economy, and said there was a need to reject the International Monetary Fund’s position clearly.
Rehman has added that Jamaat-e-Islami would continue its campaign against inflation and rising prices.
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