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You are here: Home»Top News»Front Top News»CNG hike being included in budget recommendations 2012-13: Dr Asim

cng ISLAMABAD: Minister for Petroleum, Dr. Asim Hussain has said a raise in the rate of Compressed Natural Gas (CNG) was being included to the recommendations for Federal Budget 2012-13.

Talking to a private news channel, the Federal Minister, however, added that it would not be a sharp rise rather it would be a gradual increase in the CNG Cess, and as a result the price of CNG would not witness a sudden boost.

"Even if a rate gets increased, it would not happen before July 1," Dr. Asim Hussain said.

It is pertinent to mention here that Federal Budget 2012-13 is all set to be presented before National Assembly on June 1.

Copyright APP (Associated Press of Pakistan), 2012


 



 
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Banking Review 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln