Ahsan Iqbal regrets hike in POL prices.

ISLAMABAD, July 01, 2009 (Balochistan Times) -- Central Secretary of Information of Pakistan Muslim League-Nawaz (PML-N), Ahsan Iqbal has regretted the increase in POL prices and said that it would further increase inflation and economic problems and affect economy badly. Talking to a private TV channel here on Wednesday, he said the opposition tried its best to convince the government to take back its decision of imposing tax on POL products but the government ignored its proposal and imposed carbon tax. The move of increasing POL prices especially that of diesel would cause increase in transport fares, which is directly burden on general public, he pointed out. Ahsan Iqbal said that diesel was the fuel of our economy and increase in it directly affects the prices of general use items and would plunge our already weak economy into further crises. According to him, it was need of the hour for the government to reduce its lavish expenditures and foreign tours because the world would not believe that Pakistans economy was weak if the rulers were kept big cabinet and spending lavish lives. PML-N Secretary Information said that the government targeted the poor people by increasing POL prices despite reducing its unproductive and unnecessary expenditures. The results of the decision increasing POL prices were neither good for the people nor for the economy, he concluded.

(THROUGH ASIA PULSE)