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Pakistani government has announced an increase in the price of petrol for the next two weeks, taking the rate to Rs272 per liter. The increase amounts to Rs22.20, and the reason given for the surge is the rupee’s devaluation against the dollar.
It is unfortunate that the increase in petrol prices will have an impact on the daily lives of the people, especially given that the country is already grappling with inflation. It is important for the government to consider measures to ease the burden on the common people and address the underlying issues causing inflation, such as addressing supply-side constraints, reducing reliance on imports, and promoting domestic production.
Additionally, it is crucial for the government to communicate the reasons for the increase in petrol prices and its impact on the economy and people, as well as outline its plan to address these issues in the long term. Transparency and accountability are essential to ensure that the public has trust in the government and its policies.

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