Prices of petroleum products to remain unchanged, orders PM
- Prime minister took the decision in wake of widespread destruction from monsoon rains that played havoc across the country
(Karachi) In a bid to facilitate the people, Prime Minister Imran Khan has decided the government will not increase prices of petroleum products for the month of September, media reported on Monday. The prices will remain unchanged.
As per details, the prime minister took the decision in wake of the destruction from widespread rains across the country, especially Karachi where normal life came to a standstill. Imran stated that the citizens should not bear burden of price hike in hour of crisis.
“The federal government will not increase fuel prices as people are already going through difficult times due to coronavirus and recent rainfalls and floods across the country,” said the PM.
The PM rejected the summary forwarded by Oil and Gas Regulatory Authority (OGRA) for increase in prices of oil products.
Earlier, OGRA sent two proposals to the government regarding the price hike.
The first proposal has been sent in proportion to fluctuations in oil prices in the global market. It was recommended to increase the price of oil by Rs2 and light diesel by Rs1.60 per liter. Whereas, in the second proposal, OGRA has recommended increasing the price of petrol by Rs8, diesel by Rs9, kerosene by Rs4, and light diesel by Rs 4.5 per liter.
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