ISLAMABAD: Prime Minister Nawaz Sharif has turned down an increase in fuel prices proposed by Oil and Gas Regulatory Authority (OGRA), said minister for Finance, Ishaq Dar in a video release here on Friday.
He said OGRA had recommended to increase the prices of 4 out of 5 petroleum products by around six per cent while the price of one product was recommended to be decrease by less than a rupee.
“The summary was presented to the prime minister for further discussion but he rejected it by saying that government wants to keep the prices stable in the country to facilitate common people,” Dar said and adding as per decision of the PM, the prices of all petroleum products would remain unchanged for from October 1, 2016.
The finance minister said according to the decision of the prime minister, the loss incurred for not increasing the prices of petroleum products would be borned by the ministry of finance.
National airline PIA's pre-Hajj operation will commence from May 9, 2024, and continue until…
A strategic collaboration between Huawei Pakistan and the Ministry of Planning, Development & Special Initiatives…
Pakistan's space programme achieved a historic milestone on Friday as the country's first-ever lunar orbiter…
Former prime minister and Pakistan Tehreek-e-Insaf (PTI) founder Imran Khan on Friday urged the courts…
The Islamabad High Court (IHC) rejected on Friday a plea by the Intelligence Bureau (IB)…
In a significant development, the appointments of new governors for Punjab, Khyber-Pakhtunkhwa, and Balochistan have…
Leave a Comment