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Presidential Ordinance to Undo SC Ruling

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According to The News International, Thursday, July 09, 2009

The petroleum product prices have been inflated again through president ordinance as the Petroleum Development Levy has been imposed on petroleum products with immediate effect, Geo news said early on Thursday.

Supreme Court of Pakistan had, on Tuesday, ordered the suspension of Carbon surcharge levied by the government. Before the fuel prices could be effective as per the ruling of the apex court, government of Pakistan has opted to use the backdoor to recover the intended money from the poor masses by imposing Petroleum Development Levy through a presidential ordinance. If the imposition of Petroleum Development Levy was important why the same was not included in the budget or why it was not imposed earlier. Such like arbitrary decisions by the government are going to increase its already growing unpopularity and result in start of confrontation with judiciary.

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posted @ 1:50 PM,

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