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Published 2 years ago

Govt raises prices of petroleum products by Rs30 per litre

Summary by Ground News
The increase in petroleum prices was announced by Finance Minister Miftah Ismail at a hurriedly-called press conference. The minister acknowledged that it would contribute to inflation to some extent but the government had no other choice as it has already provided Rs56 per litre subsidy on diesel. The decision was taken to reduce pressure on rupee, improve stock market, and most importantly it would bring balance in economy.

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Govt removes subsidies on petroleum products, increases prices by Rs30

ISLAMABAD: The Government of Pakistan on Thursday announced increasing the prices of petroleum products by Rs30 in line with the conditions set forth by the International Monetary Fund to remove...

2 years ago·Pakistan
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DawnDawn

Govt raises prices of petroleum products by Rs30 per litre

"We think this measure will bring stability to the markets," says Finance Minister Miftah Ismail.

2 years ago·Pakistan
Read Full Article
Business RecorderBusiness Recorder

POL products’ prices hiked by Rs30 per litre

ISLAMABAD: The government has announced to increase petroleum products’ prices by Rs30 per litre from Thursday ...

2 years ago
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