Pakistan’s petroleum dealers to launch nationwide strike today
Petroleum dealers in Pakistan will carry out national attacks on Thursday, accuse the Government of Imran Khan who led to fail to increase the profit margin for dealers, said the Petroleum dealer association (PPDA).
Although PPDA did not mention when the strike would end, the Chair of the Association of Abdul Sami Khan said that it would begin at 6 am (local time) on Thursday, according to a report with Fajar.
Publishing leaflets, PPDA said that the Meeting of the Petroleum Dealer was held in Lahore on November 20, which was demonstrated that the Pakistani government would raise a three-year profit margin.
PPDA added that the above promise was still not fulfilled and has become difficult for dealers to run fuel stations due to increased inflation and increased price of petroleum products, said Dawn also said.
Previously, dealers had announced the strike on November 5 but interested after the government delegation held a meeting with them on November 3 to meet their demands.
The meeting led to the formation of the panel to ensure the implementation of the agreement to increase profit margins through approval from the Economic Coordination Committee (ECC) and the Federal Cabinet on November 15, Fajar reported further.
According to another statement, the government agreed to increase the margin of profit by 6% and look for up to November 17 to implement the decision. But the government seems to be serious about this decision, the statement added.
Meanwhile, the day before the strike, congestion was reported in the big cities of Pakistan including Islamabad, Rawalpindi and Karachi. Videos and posts on social media show a long queue at the gas station in these cities when people rushed fuel in their vehicles.
The Pakistani Ministry of Petroleum has assured that vehicle fuel will be available at all major outlets – Pakistani state oil (PSO), shell and total stations throughout the country. A ministry spokesman said that summary to increase the margin of the advantage of petroleum dealers had been sent to ECC, said the Dawn report. The ministry works to increase margins and federal cabinets will soon make a decision.
Pakistani economics currently grappling with high inflation, the current account deficit, devaluation of the historical currency and reduced foreign exchange reserves. In the midst of economic challenges that jumped, the International Monetary Fund (IMF) had agreed to revive the $ 6 billion funding program that was jammed for Pakistan.
