Ministry proposes 6pc raise in POL prices
Page 1 of 1 • Share
Ministry proposes 6pc raise in POL prices
[You must be registered and logged in to see this image.]
ISLAMABAD: Ministry of petroleum has sent summary to finance ministry seeking hike in petroleum products prices by 6 percent for the month of May.
Well placed sources of ministry of petroleum said that ministry of petroleum had sent summary to ministry of finance for raising price of petroleum products by 6 percent for the month of May. It will be sent to Prime Minister today for his approval.
Sources told if government did not increase the prices in line with international market prices then it would have to provide additional subsidy of Rs 12 billion. Subsidy could shift additional burden to fragile economy of country.
Sources further told hike in the price of petrol by Rs 5 per liter, diesel by Rs 5.57, kerosene oil by Rs 5.5 and HOBC by Rs 5.88 per liter had been proposed in the summary.
Following the approval of summary by Prime Minister petrol prices will go up to Rs 88.85 per liter, diesel Rs 99.49 and kerosene oil Rs 89.10.(Online/Geo Urdu)
ISLAMABAD: Ministry of petroleum has sent summary to finance ministry seeking hike in petroleum products prices by 6 percent for the month of May.
Well placed sources of ministry of petroleum said that ministry of petroleum had sent summary to ministry of finance for raising price of petroleum products by 6 percent for the month of May. It will be sent to Prime Minister today for his approval.
Sources told if government did not increase the prices in line with international market prices then it would have to provide additional subsidy of Rs 12 billion. Subsidy could shift additional burden to fragile economy of country.
Sources further told hike in the price of petrol by Rs 5 per liter, diesel by Rs 5.57, kerosene oil by Rs 5.5 and HOBC by Rs 5.88 per liter had been proposed in the summary.
Following the approval of summary by Prime Minister petrol prices will go up to Rs 88.85 per liter, diesel Rs 99.49 and kerosene oil Rs 89.10.(Online/Geo Urdu)
Noor Bangash- Monstars
-
Posts : 868
Join date : 2011-07-13
Age : 34
Character sheet
Experience:
(500/500)
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
|
|
Yesterday at 10:16 pm by ali001
» Amuse - Become Smarter
Wed May 15, 2024 10:50 am by ali001
» Fort Lock
Sat May 04, 2024 11:49 am by ali001
» house disrepair claims
Thu May 02, 2024 4:29 pm by Ibad Khan Buledi
» Bounce n Bang: Physics puzzler
Thu May 02, 2024 11:39 am by ali001
» AIChatSY - AIChatbot Assistant
Wed May 01, 2024 10:48 am by ali001
» Storybook Magic App
Tue Apr 30, 2024 7:06 pm by ali001
» Flower Book Match3 Puzzle Game
Tue Apr 30, 2024 12:17 pm by ali001
» Avian Influenza Symptom in Chickens "Bird Flu H5N1 Virus" Vet learning materials, Poultry Farming
Sat Apr 27, 2024 9:57 am by Ibad Khan Buledi