Oil windfall must be spent for uplift of people: Imran Khan

Islamabad: Pakistan Tehreek-i-Insaaf (PTI) chairman Imran Khan has complained that the petroleum prices had plummeted in the international market over a period of time but they were not being reduced in Pakistan.
"The federal government has saved $11 billion because of sharp decline in oil prices during the last two years but failed to pass on the benefit to the people. No one knows where such a huge amount is going," he said while addressing the Bab-i-Peshawar flyover inauguration ceremony on Monday.
The PTI chairman said the reduction in international oil prices should be transferred to the people. The ceremony was attended by Khyber Pakhtunkhwa Chief Minister Pervez Khattak, Jamaat-e-Islami chief Sirajul Haq, KP Assembly Speaker Asad Qaisar, chief secretary Amjad Ali Khan, Local Government and Rural Development Minister Inayatullah Khan, Peshawar Development Authority Director-General Saleem Hassan Wattoo and senior officials.
Imran said the federal government had taken Rs4,700 billion loan during the last two and a half years and that amount was more than what the successive governments had borrowed overall since the country's inception.
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