Times of Islamabad

PM Imran Khan rejects OGRA proposal to raise petroleum prices

PM Imran Khan rejects OGRA proposal to raise petroleum prices

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

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

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

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