Ogra has sent a summary to the Ministry of Petroleum and suggested cut in POL prices.

Prime Minister Imran Khan has rejected Ogra’s summary, saying that increase in the prices of petroleum products is not possible in the present circumstances.

The ruling PTI has given nothing except pain and difficulties during its two-year performance as whole public is suffering due to inflation and poor policies.

Economic Coordination Committee headed by Advisor to Prime Minister on Finance Abdul Hafeez Sheikh approved change in POL prices.

Federal Minister Omar Ayub Khan says that the federal government has been charging Rs 47 tax per litre petrol.

PML-N President and Opposition Leader in National Assembly Shehbaz Sharif has said that the government’s behavior over the matter has reminded of sugar scandal.

Public miseries continue due to shortage of fuel in urban and rural areas while the local government authorities failed to implement the PM’s orders.

PSX saw that share of prices of 200 companies were going down,  116 making some gains while 14 others did not see any change.

PML-N President Shehbaz Sharif says reduction in POL prices is insufficient as there is huge decline in oil prices in international market.

The PM says that POL Prices will be cut down by Rs 15 during this difficult time of Coronavirus.