ISLAMABAD: The Shehbaz Sharif government has decided not to change the petroleum prices that would put an additional burden of Rs. 30 billion on Govt. exchequer.
Finance Division, while confirming that there would be no change in the prices of petroleum products stated: “Ogra has proposed [a] significant increase in the prices of petroleum products.
“However, the prime minister of Pakistan has rejected the recommendations of Ogra and directed to maintain petroleum products’ prices unchanged in order to provide relief to the common man.”
OGRA had proposed increase in price of diesel by Rs.51.32 per litre (35.7%), petrol Rs.21.30 per litre (14.2%), kerosene oil Rs.36.03 per litre (28.7%) and light diesel oil (LDO) Rs.38.89 per litre (39.9%).
Since the incumbent government has refused to augment the prices, petrol will be available for Rs.149.86 per liter and diesel will cost Rs.144.15 per liter. Citoyens will get Kerosene for Rs.125.56 per liter and light diesel oil for Rs.118.31 per liter.
However, the consumers of electricity will have to pay extra, as the National Electric Power Regulatory Authority (Nepra) has augmented the power tariff by Rs.4.8 per unit on account of fuel adjustment for the month of February, 2022.
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