Islamabad May 29 2022: Finance Minister Miftah Ismail while talking to a program of private TV channel said that the PTI government had not made any agreement with Russia for buying cheap oil.
There was no response from Moscow to Hamad Azhar’s letter but the new government will try to get wheat from Russia. And if Russia finds a way, cheap oil will also be bought.
Regarding petroleum prices he said subsidy on petroleum products will be further abolished.
Miftah Ismail also said that delay in decision on petroleum subsidy caused loss of Rs 135 billion to national exchequer.
