PID

PR No. 2 Finance Minister says criticism by Peoples Party Leadership in Regard to Petroleum Prices Unjustified Islamabad: May 1st, 2018

Minister for Finance, Revenue and Economic Affairs, Dr. Miftah Ismail has said that the criticism by Peoples Party leadership on the petroleum prices is unjustified. He said that the prices of petroleum products, even after the recent raise, are still lower than those during the Peoples Party regime. He said that the level of taxation of these products in most cases is also lower than that prevalent in the Peoples Party days. He said that the Petrol price in March 2013 was Rs. 106.60, Diesel Rs. 113.56, SKO Rs.103.69 and LDO Rs. 98.26. Despite the consistent increase in international oil prices during the last year, the prices in Pakistan are still considerably less than those levels set in the PPP days. He said that PMLN government had brought about a huge change in the economic conditions of the country and if the opposition, including PTI and PPP had cooperated instead of creating hurdles in the way of economic development of the country, things would have been even better for the common man. ***** ?

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