ISLAMABAD – Prime Minister Imran Khan Monday turned down recommendations ofOil and Gas Regulatory Authority (OGRA), Petroleum and Finance Divisionsfor price hike in the petroleum products, by citing high food inflationbeing faced by people.
According to a press release of PM Office media wing, the prime minister“didn’t approve the recommendation of OGRA, Petroleum and Finance Divisionsfor increase in prices of petroleum products.”
The prime minister said that people were already facing high food inflationand needed some reprieve, especially because of heavy rains.
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He further underlined that government would have to forego Rs 17 billion intaxes which would be given as subsidy to people to moderate their burden.
