Petrol Prices hike delayed by Government

ISLAMABAD: The Federal cabinet meeting chaired by Prime Minister Imran Khan on Tuesday in Islamabad has delayed the decision to increase the petrol prices for the month of May 2019.

In The Federal cabinet meeting several ministers opposed increasing Petrol Prices ahead of the month of Ramadan.

The Government has delayed the decision to increase the prices of Petroleum Products (POL)

The final decision was left to the Prime Minister to decide, where PTI led government for now has delayed the Petrol Prices hike.

Petrol Prices will continue on as April 2019 until the Government decides and announce.

The Government is facing heavy criticism ahead of the month of Ramadan, The increase of Petroleum Products price will automatically affect the daily life of a common man in the month of Ramadan.

Read More: Petrol Prices in Pakistan [April 2019 update]

According to the summary, The OGRA has purposed to increased High Speed Diesel (HSD) Price by Rs 4.89 per litre and Petrol Prices to be hiked Rs 14.37 per litre for the month of May 2019.

The OGRA has also requested an increase in Kerosene oil prices Rs. 7.46 and Light diesel oil (LDO) price hike Rs 6.40.

If The Government accepts the recommendation, The price of Diesel will be Rs 122.32 per litre and Petrol Price will be Rs 113.26.

The Prime Minister has delayed the decision.

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