Abb Takk News

Govt Delays Hike in Petroleum Prices

ISLAMABAD: People take a sigh of relief following the government decision on Tuesday to delay the increase in petroleum prices.

Briefing on the cabinet meeting that held today, PM special assistant on information Firdous Ashiq Awan said that the federal government has decided to temporarily withhold the announcement of an increase in petroleum prices.

PM special assistant on information Firdous Ashiq Awan said that the federal cabinet meeting discussed the hike in petroleum prices in detail while most of the minister objected the possible rise in the petroleum goods, whereas, few ministers supported the increase in the petroleum prices citing that all the burden could not bear by the government.

Firdous Ashiq Awan said that due to diverging views on the matter the decision has been left for Prime Minister Imran Khan.

Prime Minister Imran Khan has sent the matter to Economic Coordination Committee (ECC).

It is pertinent to mention here that OGRA on yesterday had recommended Rs 14 increase in the petroleum prices.