The prime minister issued these directives in a meeting with Minister for Finance Ishaq Dar who called on him.
The finance minister briefed the prime minister on cumulative reduction in POL prices during the last three months.
He informed that the economic policies, stabilization of the value of rupee and increase in the foreign exchange reserves had already resulted in reduction of POL prices in the country.
He informed the prime minister that Ogra has suggested increase in prices of petrol, HSD, LSD and HOBC and decrease in price of kerosene oil for the next month.
The prime minister directed that the prices of the petroleum
products, where Ogra has suggested increase, should be kept at the same level and the decrease in price of kerosene oil will be passed on to the consumers, on recommendation of Finance Minister Ishaq Dar.
The government will provide subsidy amounting Rs1.78 billion to offset the difference in prices of POL products.
After prime minister’s directive, the price of MS (petrol) will remain Rs107.97 per litre, high speed diesel Rs109.34 per litre, light diesel oil Rs94.13 per litre, HOBC Rs134.63 per litre while the prices of kerosene oil will be reduced to Rs97.40 per litre from existing price of Rs98.07 per litre.
However, Ogra had suggested increasing petrol price to Rs109.28 per litre, high speed diesel Rs111.15 per litre, light diesel oil Rs95.14 per litre, HOBC Rs137.12 per litre and decrease of kerosene oil price to Rs97.40 per litre.
No comments:
Post a Comment