Lahore: Shehbaz Sharif, chairman of the Pakistan Muslim League-Nawaz (PML-N), stated that the Pakistan Labor Organization (PTI) regime has set another record in terms of petroleum product prices.
In a post on social-networking website Twitter, the PML-N leader said, “For the first time in history, the prices of petroleum products have touched all-time high.”
“I stated in my budget speech they will make the life of people miserable through price hike. Today is a major step forward on that path,” he added.
The reaction came after federal government had approved an increase of Rs5.40 per litre in the price of petrol.
Special Assistant to the Prime Minister on Political Communications Dr Shahbaz Gill took to the Twitter to make the announcement and said contrary to Oil and Gas Regulatory Authority’s (OGRA) recommendations, Prime Minister Imran Khan had approved a mere Rs 5.40 per liter increase in the price of petrol in the public interest.
The price of diesel increased by 2.54 rupees per liter, while the price of light diesel increased by 1.27 rupees per liter.
In view of the rising prices of petroleum products in the global market in the past few months, OGRA proposes to increase gasoline prices by 11.40 rupees per liter.
