PM Imran Khan rejects OGRA proposal to raise petroleum prices

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PM Imran Khan rejects OGRA proposal to raise petroleum prices

ISLAMABAD – Prime Minister Imran Khan has rejected a proposal to raise the petroleum prices for remaining days of May 2021, in order to provide relief to the public.

Newly-appointed state minister for information, Farrukh Habib in a series of tweets said that the premier had decided against putting the burden of increasing oil prices in the international market on the public.

The national exchequer will have to bear a burden of Rs2.77 billion in order to maintain the prices at the current level.

The government has not only adjusted the petroleum levy but also the deceased sales tax on kerosene oil and light-speed diesel.