Petroleum Prices may be increased by Rs 15 per litre on IMF pressure: Sources

LAHORE – Federal government may hike petroleum prices by Rs 15 per litre onInternational Monetary Fund (IMF) pressure.

IMF is reportedly pressing the federal government to hike prices of thepetroleum products by up to Rs15 per litre.

The prices will be gradually hiked within span of three months.

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The delegation of IMF had suggested reforms aimed at widening the tax net.