Govt intends not to increase prices of electricity, petroleum products

Author: APP

ISLAMABAD: Federal Minister for Finance Shaukat Tareen said the government would not increase the petroleum and electricity prices despite the increase of prices at the international level.

He said that the government decreased the petroleum and electricity prices when the prices were going upward in the whole world.

The objective to reduce prices was to provide relief to the people, adding the government did not seek loans to give any relief package, the minister said.

Shaukat Tareen further said, 100 companies had taken a good profit and the government advised them to share their profit with their workers.

Replying to a question, he said the country could face the pressure regarding wheat and gas by imposing sanctions on Russia, adding “We have to import wheat and gas at cheap prices from Russia as compared to other countries.”

He said the government would utilize funds of the ehsas program and corona as well for providing subsidized things and relief to the people.

He said the government made efforts to facilitate the people at maximum level and soon the announcement would be made to increase salaries of the government servants.

To another question, he said according to his analysis the opposition is unable to complete numbers for presenting a no-confidence motion against the government.

Share
Leave a Comment

Recent Posts

  • Pakistan

AUP, Pak-Beijing Engineering Research Center sign MOU for Hybrid Wheat

A Memorandum of Understanding (MoU) was signed between Agriculture University Peshawar and Pakistan-Beijing Engineering Research…

32 seconds ago
  • Pakistan

Pakistan Embassy in Beijing hosts Pakistan Professional and Student Forum

The Embassy of Pakistan on Saturday hosted "Pakistan Professionals and Students Forum' under the theme…

44 seconds ago
  • Pakistan

Rain in most parts of KP: Met Office

In most districts of Khyber Pakhtunkhwa, including Peshawar, the rain is continuing intermittently, said the…

1 min ago
  • Pakistan

Name’s spelling mistake costs dearly Upper Dir cricketer

The spelling mistake in his name by a clerk has cost promising cricketer Anisur Rehman…

1 hour ago
  • Pakistan

Wheat harvesting, threshing in full swing in Potohar region

The farmers in Potohar region have started wheat crop harvesting and threshing, as the Met…

1 hour ago
  • Pakistan

KP govt to buy local wheat

The government of Khyber Pakhtunkhwa has decided to buy 300 thousand metric tons of local…

1 hour ago