Pak buckles under IMF pressure: Imran calls for stir as Sharif hikes fuel price

The economic crisis in Pakistan is showing signs of worsening. In a bid to secure bailout money from International Monetary Fund, the Shehbaz Sharif government has yet again increased fuel prices by PKR 30 per litre. The 17% hike in prices is second since May 2022. Petrol in Pakistan is now priced at 209.86 PKR, diesel at 204.15 PKR, kerosene oil at 181.94 PKR and light diesel at 178.31 PKR. Only kerosene oil's price was hiked by less than 30 PKR. Pakistan Finance MInister Miftah Ismail said the government was holding talks with the IMF on a daily basis, adding "we cannot accept all their demands but there are certain points that we have to agree to." Watch this video for more details.