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00:00 The expert in economy, Mr. Muzammil Aslam is also with us.
00:03 Mr. Muzammil, the Nigrah government has increased the price of petrol by Rs. 70.
00:07 How do you see this?
00:09 Look, the oil prices have increased in the market.
00:15 Secondly, the price of our currency has been continuously falling.
00:18 And thirdly, the contractor, who increased the price of petrol last time,
00:26 did not fulfill his obligations and was very worried because his government was about to end.
00:33 So, he has made the adjustments to the previous obligations in this government.
00:42 So, I think that the increase in the prices will go to the previous government's account,
00:49 to the PDM's account.
00:51 And if someone thinks that the price has increased because of the new government's strategy,
01:00 then no.
01:01 This is the continuation of the previous government's prices and they have increased in this government.
01:07 And this is a very costly...
01:09 But Mr. Muzammil, the previous government, the PDM government, had claimed that
01:12 after the arrival of Russian oil, the prices will be very low.
01:15 But we see that a very big increase has been made.
01:18 Look, I gave an example of Russian oil to someone.
01:23 If a family uses 100 kg of flour per month,
01:31 and if a relative gives him 1 kg of flour in a gift,
01:35 then his expenses for flour will not be less.
01:37 So, the oil prices in Pakistan, the amount of oil we had in Russia, was a drop in the ocean.
01:44 And it could not have made a difference in prices or money.
01:50 So, this is our misfortune.
01:52 Our government, their PR department, the Prime Minister, our Minister of Petroleum,
01:59 they were lying to people and showing their efficiency.
02:05 And now we are hearing that they have also refused to use the refineries they were doing,
02:11 because they are suffering losses in refining that oil.
02:16 So, the Russian oil was just a talk, and a lollipop to the people.
02:22 Anyway, there is one thing, look, it is necessary to understand that
02:25 the oil prices are very high all over the world.
02:28 And our government has failed in making a strategy
02:33 how to protect the people.
02:35 They are directly hitting the people, in fact, they have increased taxes on it.
02:40 They are taking Rs. 50 to Rs. 60.
02:44 This was Rs. 30 a litre a year ago.
02:47 So, they are putting taxes on the people separately from the oil prices.
02:51 And the international market and the value of money, which I just mentioned,
02:55 these were separate problems.
02:58 And the conditions of the IMF were very strict.
03:02 Now, in the coming days, how much are you seeing an increase in inflation?
03:06 Look, there is a very big storm of inflation.
03:11 Like, you can understand that in the last 15 days, petrol prices have increased by Rs. 40.
03:17 Now, it is Rs. 17, and 15 days ago it was Rs. 20.
03:21 Electricity prices have increased in July by about 35 to 40 percent.
03:27 It is coming in people's bills, people are screaming.
03:30 It is being heard that gas prices are going to increase.
03:33 Along with that, these three things are such that you cannot prepare anything without using these three things.
03:41 Whether it is cloth, whether it is ice cream, whether we are cooking roti on the stove.
03:46 So, when the prices of all these things increase,
03:51 it will be a very difficult time for the people.
03:55 And this history, as it has been of this government,
03:59 when everything is completely out of control, then these governments leave.
04:05 They did the same in 2018, they did the same in 1998-99.
04:10 In 2008-09, Saaddar Sahib ran like this.
04:14 And now finally, when he saw, he left everything there.
04:19 He went down the whole mountain for the people.
04:22 Thank you very much for the way you are giving the update.
04:29 [BLANK_AUDIO]