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Shahbaz Sharif continue with the policy of Imran Khan of capping petroleum prices at current rates

admin-augaf by admin-augaf
April 15, 2022
in Business
Reading Time: 1 min read
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Shahbaz Sharif continue with the policy of Imran Khan of capping petroleum prices at current rates

Shahbaz Sharif continue with the policy of Imran Khan of capping petroleum prices at current rates

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Islamabad April 16 2022: Despite rising petroleum product prices globally, the Prime Minister of Pakistan has kindly rejected the proposal for enhancement in the prices and desired that the prices of petroleum products from 16th April 2022 shall remain the same as notified on 1st April 2022 for providing maximum relief to the general public.

Government will bear the additional burden in terms of forgoing sales tax, petroleum development levy and paying price differential subsidy for keeping the prices unchanged for next fifteen days.

The new effective prices will be MS (Petrol) PKR 149.86, High Speed Diesel (HSD) PKR 144.15, Kerosene (SKO) PKR 122.56 and Light diesel Oil PKR 118.31 per litre.

Tags: PM Shahbaz Sharif
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