ISLAMABAD, July 12: In a bid to provide relief to the masses, Prime Minister Shehbaz Sharif has sought a summary to reduce price of petroleum products by up to Rs40 on Tuesday.
The Prime Minister directed to send a summary for reduction in oil prices in the meeting held on Tuesday. The meeting was attended by senior officials of OGRA and other ministries and departments.
Shehbaz Sharif has made a big decision to pass on the full benefits of the fall in oil prices in the world market to the people. The Prime Minister sought a summary of the reduction in oil prices from the Ministry of Petroleum and the Ministry of Finance.
According to sources, petrol is likely to be reduce by Rs 20-30 and diesel by Rs 30-40.
On Sunday, in his meeting with Punjab Governor Muhammad Baligh-ur-Rehman, Prime Minister Shehbaz Sharif said that the petrol price will soon be decreased and the issues of the public will be resolved.
During last two months, the government had increased the petrol price by around Rs100 and diesel around Rs130.
The government had declared previous government responsible for the increase in prices of petroleum products and accused it of taking Pakistan to the verge of bankruptcy.-NNI
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