Languages
Page last updated at 11:00 GMT, Monday, 21 July 2008 12:00 UK

Pakistanis hit by 14% petrol rise

By Syed Shoaib Hasan
BBC News, Islamabad

Islamabad cars
The fuel rises come on top of food price increases

Pakistan's government has raised petrol and diesel prices by 14% - the largest such increase in the country's history.

The move has been met with protests by manufacturers and consumers. It is the sixth fuel price rise since the new government took office in February.

The latest price rise will put more pressure on the already beleaguered coalition government.

The government says it was forced to make the increase because of rocketing international oil prices.

Anger growing

The new price rise affects all petroleum-based products, including petrol and diesel.

Officials say the latest announcement should have been made a week ago.

But they say it was delayed on the orders of Prime Minister Yousuf Raza Gilani until after he had made an address to the nation on Saturday evening.

The address was meant to highlight his achievements since coming to power.

But the new government has had to face increasing criticism that it has not done enough to combat mounting economic instability.

The government blames global economic difficulties and rapidly increasing oil prices for the fuel prices in Pakistan.

But that has not stopped anger growing among already frustrated citizens who have also been hit badly by soaring food prices.

In Pakistan's biggest city, Karachi, the mood was not helped when many petrol stations deliberately restricted sales on Sunday before the new prices came into effect in order to sell more at the higher rate.

On Monday public transport in Karachi was hit by a transport union strike.


SEE ALSO
Pakistan warning over CNG prices
04 Jul 08 |  South Asia
Nepal anger over fuel price rise
23 Jun 08 |  South Asia
Why the oil price keeps rising
09 Jun 08 |  Business
Pakistan's economic woes worsen
29 May 08 |  South Asia
Bangladesh faces food crisis
10 Apr 08 |  Business

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Threat of new nuclear enrichment plants fuel crisis
Striking images from around the world
Why do so many people want be Scottish?

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific