PM Imran rejects summary seeking increase in petrol prices from Nov 1
OGRA had suggested petrol prices be increased by Rs11.53 per litre.
Prime Minister Imran Khan has decided not to increase the prices of petroleum products.
According to the sources, the prime minister rejected the proposals to increase the prices of petroleum products by the Ministry of Finance and Ogra.
In view of the rising prices of petroleum in the global market, Ogra had proposed to increase the price of petrol in Pakistan by Rs11.53, high speed diesel Rs8.49, Kerosene oil Rs6.29 and light diesel Rs5.72.
The prime minister, rejecting the proposed hike, prevented petroleum products from raising prices.
Also Read:
Mir Jan Mohammad Jamali elected Balochistan Assembly speaker unopposed
Govt-TLP talks could not resume despite hint from Rasheed
The government is opting to provide relief to masses rather than shifting the burden of rising inflation to them.
The government had last increased the per litre cost of petrol by Rs10.49 and high-speed diesel by Rs12.44 on October 16 for the next fortnight.
Earlier reports had suggested that the government may increase petrol prices by up to Rs6.5 per litre for the next 15 days, while the rates of diesel may go up by Rs8.
