Prices of petroleum products to remain unchanged: Dar

Prices of petroleum products to remain unchanged: Dar

Islamabad (Staff Report): Minister for Finance Ishaq Dar said on Sunday that the prices of petroleum products will remain unchanged.

The Minister stated that the government will give subsidy to keep the prices unchanged.

He further added, "We will also not charge sales tax."

Dar said that these products are used on a daily basis by people belonging to low-income households, which is why the government will make sure there is not a substantial increase in their prices.

The Oil & Gas Regulatory Authority (OGRA) had proposed to reduce the prices of petrol and diesel by Re1 per litre. On the other hand, public expectation was a reduction of Rs2 per litre.