Islamabad: The government has decided not to decrease the prices of petroleum products for local consumers for coming fortnightly.
The government has taken decision despite a major reduction in the international prices of diesel and petrol.
Sources said that it took the decision to adjust the previous exchange losses as well as to raise taxation on the fuels.
The petrol and diesel prices in the global market have recorded a significant decline and average fortnight prices of both products would be taken for the next price revision on February 28, 2023.
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