*KARACHI: Finance Minister Miftah Ismail on Thursday said that thegovernment treasury bearing 102 billion rupees loss on account of petroleumproducts each month. *
“The government is bearing per litre 30 rupees loss on petroleum,”Pakistan’s finance minister said.
“However, the decision not yet taken to enhance the prices of petroleumproducts,” he said.
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Ismail, in a press talk today, said the government had previously neversold petrol at a loss because the economy could not afford it, adding thatif fuel prices are not hiked in May, the treasury will lose Rs102 billion.
