PM Imran Khan to address nation on economy, global challenges
Prime Minister Imran Khan will address the nation today on the economy and global challenges after Ukraine-Russia conflict.
ISLAMABAD: Prime Minister Imran Khan will address the nation today on the economy and global challenges after the Ukraine-Russia conflict.
Federal Minister for Information and Broadcasting Chaudhry Fawad Hussain wrote on Twitter that PM Imran Khan will address the nation on Monday evening (today). He will take the nation in confidence on the national economy and global challenges after the Ukraine-Russia conflict.
وزیر اعظم عمران خان آج شام قوم سے خطاب کریں گے، وزیر اعظم روس اور یوکرائین تنازعے کے بعد معیشت اور عالمی چیلنجز پر قوم کو اعتماد میں لیں گے
— Ch Fawad Hussain (@fawadchaudhry) February 28, 2022
Prior to addressing the nation today, PM Imran Khan had summoned the meeting of its economic team two days ago to get briefed over the current state of the national economy after concluding his two-day official visit to Russia.
During his visit to Russia, Moscow invaded Ukraine and its military continued its advancement to take control of the Ukrainian capital Kyiv. Economic experts have already warned of severe impacts on the global markets following the military action of Russia against Ukraine.
Citing the grave situation, PM Imran Khan had regretted the conflict between Russia and Ukraine and expressed hopes that diplomacy could avert the military conflict.
The prime minister had stressed that conflict was not in anyone’s interest and that the developing countries were always hit the hardest economically in case of conflict. He underlined Pakistan’s belief that disputes should be resolved through dialogue and diplomacy.
The Prime Minister stressed that conflict was not in anyone’s interest, and that the developing countries were always hit the hardest economically in case of conflict. He underlined Pakistan’s belief that disputes should be resolved through dialogue and diplomacy.
— Prime Minister’s Office, Pakistan (@PakPMO) February 24, 2022
Expected hike of petrol prices today
The federal government will make a decision regarding the petroleum products’ prices for the next 15 days today as some reports suggested the Petroleum Oil Lubricants (POL) prices are likely to go up by Rs8 to Rs10.
Another hike in the petroleum products’ rates is expected due to higher international oil prices, additional petroleum levy and currency devaluation.
It may be noted that the crude price was increased from $95 per barrel to $99 in the international market. It would be another major hike in the petroleum products’ prices after February 15 when the government had jacked POL rates up to Rs12.03 per litre.
