In the month of June, Government has been heading on with some of the plans where they are deciding not to increase the price of petrol. The current caretaker government has decided as to keep on with the petroleum prices unchanged for the month of June. It is to be mentioned that earlier, the PML-N government decided to keep the petroleum prices unchanged till June 07 just as leaving the decision of changing the prices on incoming caretaker government.
Minister for Finance Dr Miftah Ismail has stated that so far as the Government has been ended now, and the new prices of Petrol, Diesel, and Kerosene oil go in effect from the very next day. Therefore, it is being put into the recommendation of ministry of finance; the prime minister has decided to leave their prices unchanged till June 07. In this way, the incoming of the petrol new prices will be put on the decision as well.
Oil and Gas Regulatory Authority (OGRA) has even recommended on as an increase of Rs 8.37 in petrol price for the month of June. Hence it would say that the caretaker government has decided not to increase the price in the category of the petroleum products as for the month of June 2018. Caretaker Finance Minister Shamshad Akhter has underwent with the decision that the ministry had taken a decision not to bring any sort of the increase the prices of petroleum products.
Apart from the fact of not increasing the prices, hence the caretaker government has also maintained Statutory Regulatory Order. This order has been all the more issued on May 31st for changes in tax rates by the PML-N government. As on the per reports of the government officials, the prices are to remain unchanged till the end of this month. If the caretaker feels to increase the price of the petrol, they will. But until that time the prices will remain unchanged. The coming newly elected government will make necessary changes in the prices of petroleum products.
Oil and Gas Regulatory Authority (OGRA) merely forwarded a summary to Ministry of Finance on 30th May 2018. On the timeline of this summary, there will be an increase over the prices of petroleum products up to PKR 12. But the government didn’t increase the price instead forwarded the task to the side of the caretaker government.
The recommended prices have been set to be:
At the same time the current prices of petroleum products are as follow:
This was the complete set of information about the Government notice on whether the petrol prices should be increased or not. It seems to be the good decision by the side of the caretaker government in the favor of the Pakistan citizens?
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17 November, 2019