Growing concerns are being raised in Pakistan over continued increases in fuel, electricity and gas prices, with limited public resistance highlighting the economic pressure facing households and the challenges of political mobilisation. Repeated increases in petroleum product prices and utility tariffs have added to the cost of living for households already dealing with inflation and.
The financial burden on oil marketing companies (OMCs) has eased significantly following a series of fuel price hikes and government support measures, with under-recoveries on petrol and diesel witnessing a sharp decline, according to data shared by Sujata Sharma, Joint Secretary in the Ministry of Petroleum and Natural Gas on Monday.
