Prime Minister Imran Khan orders to withdraw controversial ordinance
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*ISLAMABAD - **Prime Minister Imran Khan orders to withdraw controversial ordinance of Gas Infrastructure Development Cess.*
* In the view of recent controversy, Prime Minister Imran Khan has decided to withdraw the ordinance which allowed to waive off Rs210 billions of Gas Infrastructure Development Cess (GIDC).*
The statement issued by the PM Office on Wednesday said “the prime minister, in the interest of transparency and good governance, has decided to withdraw the said Ordinance and direct the Attorney General to move an application for an urgent hearing in the Supreme Court.”
However, the statement added that “the prime minister wishes to inform the nation that going to the court carries a risk because the decision could go either way.”
It elucidated that the government could get the whole amount or could lose it all, and possibly forgo any prospects of future revenue collections under this head.
“Also on top of this, the government could be saddled with the burden of administering refunds of approximately Rs295 billion of the principal amount.”