The federal government has rejected all objections and the burden of increase in public expenditure on the people and approved the federal budget that includes the approval of borrowing of 34.6 trillion rupees. This amount is a mandatory expenditure bill, was part of what is also known as charged expenditure in the Constitution which cannot be voted on in Parliament and is set to meet both debt repayment besides servicing needs as well as to run the various constitutional institutions of the state. 33.8 trillion rupees have been allocated for domestic and foreign debt repayment requirements, of which 27.79 trillion rupees are for domestic obligations and 6.03 trillion rupees are for foreign loans.
The election Commission of Pakistan including other constitutional bodies are being allocated to meet the expenses, which means that the government has an extensive program of burdening the masses in the coming days.
It has expressed by increasing the government expenditure but what about paying taxes while already in this regard, a bomb has been dropped on the public in the form of enormously high electricity bills in the month of June, which has increased the possibility of the government going bankrupt.
It should be remembered that currently electricity is being sold to the citizens at 65 rupees per unit, which means that they are being sold at least 500% more expensive electricity for which they are unable to pay the bills.
This is the result of increasing government expenditure which the people pay in the form of electricity and gas bills and those who do not submit the bill are declared bankrupt and fined in every bill.
Actually this is not the bankruptcy of the people. Rather, it is the bankruptcy of the government, the burden of which is being placed on the people and they are being made guilty. This process has been going on for the past twenty years, so both the opposition and ruling parties cannot absolve themselves from the bankruptcy of the country.
The people are already suffering from the increase in natural gas and electricity bills but now preparations have been made to burn them with petroleum bombs, which is definitely the result of the approval of the federal budget full of debts and taxes.
According to a well-known website, the government has shown the possibility of a big increase in the prices of petrol and diesel. It has been reported yesterday that the government has increased the petroleum levy from the current 60 rupees per liter to 80 rupees in the federal budget of fiscal year 2025. It has a possibility of a big increase in the prices of petrol and diesel for the first 15 days of the next month.
The government is likely to increase the price of petrol by Rs 7.54 per liter and the price of High Speed Diesel (HSD) by Rs 9.84 per liter from July 1, 2024 to the next 15 days. Officials of the Ministry of Energy told that if the petroleum levy of Rs 5 per liter is added from July 1, 2024, then the price of motor spirit is likely to increase to Rs 12.58 and the price of diesel to Rs 14.84 per litre.
The government has announced to increase the petroleum levy from the current 60 rupees per liter to 80 rupees in the federal budget of fiscal year 2025, however, the government will periodically impose a petroleum levy of 20 rupees per liter.
If the above increase is made, it will prove to be a death knell for the people as they are already bearing the burden of government expenses and grants. After which the citizens will have no choice but to protest on the streets.
It is a strange logic that in these circumstances, when the people are yearning for one-time bread, no one has spoken about the increase in the expenses of the Houses of Power as well as opposition has also kept silent. Although it is the responsibility of the opposition to protest in favor of the masses, to launch a regular campaign against the burden of debt on nation.
