Diesel crisis: Long queues at South Punjab fuel stations

Govt rejects summary for petrol price hike

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ISLAMABAD: The government on Friday rejected a brief to raise petrol prices by Rs 21.30 a litre and diesel prices by Rs 119 in the national interest.

The source said that the price of oil products will not change, the government will bear it, the public will not bear any burden, and the price will remain unchanged for the next 15 days.

It may be recalled that as soon as the new government came to power yesterday, preparations were made to drop petrol bombs on the people.

A minimum increase of Rs 21 and a maximum increase of Rs 119 per liter was suggested by the Oil and Gas Regulatory Authority (OGRA).

The announcement was made by Prime Minister Shehbaz Sharif Friday at an Iftar dinner hosted for the leadership and parliamentarians of Pakistan Democratic Movement (PDM).

The PM rejected summary of Oil and Gas Regulatory Authority (OGRA) to increase prices of petrol by Rs 21 and of other petroleum products by Rs 50 and said the government would continue to provide relief to the people.

He said the previous government’s sudden announcement of subsidies for petroleum products did not allocate sufficient financial resources for relief. “We can’t put more burdens on people,” he said, adding that the previous government didn’t even subsidize flour this Ramadan. He said the facts about the prices of petroleum products will be put before the people.

He vowed that the government would continue to work for the well-being and prosperity of the people and to address their problems. He said the opposition coalition had defeated Imran Ahmed Khan Niyazi through day and night struggles, adding that the coalition of government parties would continue to negotiate.

Buildings built by the previous government collapsed like sand houses, he said.

While thanking his coalition partners for electing him as prime minister, he said he would stay in touch with allied MPs and resolve issues in their constituencies.

He said names of the cabinet members would be announced in two phases, adding the initial names for the cabinet would be announced soon while more names of cabinet ministers would be announced in the second phase in the next few days.

Shehbaz said Prime Minister House would be turned into Pakistan House and officers from all the provinces would get an opportunity to serve in it.

He informed that he had sent to the President the summaries of resignations of Speaker National Assembly and Prime Minister Azad Jammu and Kashmir.

The leaders of PDM and government alliance Maulana Fazlur Rehman, Bilawal Bhutto Zardari, Akhtar Mengal, Khalid Maqbool Siddiqui, Mehmood Khan Achakzai, Mohsin Dawar, Marriyum Aurangzeb, Ahsan Iqbal, Shah Zain Bugti and others attended the Iftar dinner.

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