Govt keeps petroleum prices unchanged for next fortnight to stay afloat
ISLAMABAD (MNP) – Federal Finance Minister Ishaq Dar on Staurday announced that there would be no change in the existing prices of petroleum products for the next 15 days.
In a televised address, Mr Dar said the government had decided that the prices of petroleum products at this moment would be maintained for the next 15 days, adding that there would be no change.
Earlier, sources said levy on diesel could be increased to maintain the existing prices as the government scrambles to revive the International Monetary Funds (IMF) loan programme to pull the country out of the economic quagmire.
The existing petrol price is Rs214.80 per litre and it includes Rs50 levy and Rs14 margin and other taxes. The ex-refinery price of diesel is Rs187 per litre and the government is receiving Rs30 in levy and Rs10 in other taxes, making its current price as Rs227.80 per litre.
