Govt to keep petrol prices ‘unchanged’

Author: Online

ISLAMABAD: The Federal Cabinet has decided to maintain the petroleum products prices at existing level during the next month and introduce Pakistan Commission of Inquiry Bill 2016 in the National Assembly in the coming session.

Later, Finance Minister Ishaq Dar while briefing media persons said the meeting has approved a system for any change in petroleum prices, under which Oil and Gas Regulatory Authority (OGRA) will move a summary to Ministry of Petroleum which will be sent to Ministry of Finance for review, which will later be sent to the Prime Minister Nawaz Sharif for final approval.

Dar said that the Pakistan Commission of Inquiry Bill 2016 will be introduced in the upcoming session of the National Assembly, under which the inquiry commission will be empowered in the light of the letter by Supreme Court.

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