PM refuses to raise prices of petroleum products

ISLAMABAD: Prime Minister Imran Khan has announced not to increase the prices of petroleum products while giving relief to the people who are suffering from inflation.

A tweet issued by Dr Shahbaz Gul, Special Assistant to PM Imran Khan, said that the Oil and Regulatory Authority (OGRA) had proposed to increase the price of petroleum products by about Rs 6-7 per liter.

He wrote that PM Imran Khan Had not approved the proposal. There will be no increase in the prices of petroleum products.

He said that despite the continuous increase in the prices of petroleum products in the world market, the Prime Minister has not given permission.

OGRA proposed to increase the price of petroleum products from about Rs 6 to 7 per liter. PM Imran Khan did not approve the proposal. There was no increase in the prices of petroleum products. Despite the continuous rise in the prices of petroleum products in the world market, the Prime Minister did not allow it

It may be recalled that in a summary sent to the Finance Ministry by OGRA, it was proposed to increase the price of petrol by Rs 7 and diesel by Rs 6 per liter.

The Finance Ministry was to make recommendations on the OGRA summary, but the final decision on the price hike was to be taken by Prime Minister Imran Khan.

It may be recalled that even before this, on February 15, the Prime Minister had rejected the proposal to increase the price of petroleum products.

Earlier on February 15, OGRA had proposed an increase in petrol price by Rs 14.07 and high speed diesel by Rs 13.61 per liter.

In addition, the price of kerosene was recommended at Rs 10.79. OGRA had proposed an increase of Rs 7.43 in the price of light diesel.

However, in the interest of public welfare, the Prime Minister did not approve the proposal to increase petroleum products.

PM Imran Khan said that the govt would go to any lengths to provide relief to the people.

It may be recalled that the government had earlier increased the price of petroleum products five times in two and a half months.

Petroleum products have become more expensive by Rs 16.37 paise since December 1. In the same period, petrol was first priced at Rs 11.21 per liter.

Since December 1, high-speed diesel has been priced at Rs 14.64 per liter. In the same period, kerosene price was increased by Rs 14.90 per liter. In two and a half months, light diesel has become more expensive by Rs 16.37 per liter.

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