{"id":8202,"date":"2022-05-14T12:06:10","date_gmt":"2022-05-14T12:06:10","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=8202"},"modified":"2022-05-14T12:06:10","modified_gmt":"2022-05-14T12:06:10","slug":"petrol-price-in-pakistan-govt-undecided-on-rolling-back-subsidy","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/petrol-price-in-pakistan-govt-undecided-on-rolling-back-subsidy\/","title":{"rendered":"Petrol price in Pakistan: Govt undecided on rolling back subsidy"},"content":{"rendered":"

ISLAMABAD: The coalition government is seriously considering increasing the price of petrol and other petroleum products in Pakistan for the remaining 15 days of May, a private news channel reported on Saturday.<\/p>\n

After slashing the subsidy, sources said the petrol price in Pakistan will reach an all-time high of around Rs190. The rate of diesel will also surge up to Rs230 if the subsidy is rolled back.<\/p>\n

According to a private news channnel the government is contemplating to increase the rates of petroleum products gradually rather than instantaneously.<\/p>\n

The expected hike in rates of petroleum products will be made to resume the stalled talks with International Monetary Fund (IMF) for remaining tranche of $6billion bailout package for Pakistan.<\/p>\n

Bol News has learnt that the Oil and Gas Regulatory Authority (OGRA) has sent a summary to the government to increase the rates of petroleum products from May 16. However, the final decision in this regard is expected to be taken on Sunday.<\/p>\n

Sources said that the government is refraining to increase the petroleum prices as it would invite public anger and add fuel to the PTI\u2019s campaign against the incumbent coalition government.<\/p>\n

However, the hike has become a compulsion for the revival of the IMF programme.<\/p>\n

Read more:\u00a0Imran Khan says he informed \u2018neutrals\u2019 about foreign conspiracy but in vain<\/a><\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

ISLAMABAD: The coalition government is seriously considering increasing the price of petrol and other petroleum products in Pakistan for the remaining 15 days of May, a private news channel reported on Saturday. After slashing the subsidy, sources said the petrol price in Pakistan will reach an all-time high of around Rs190. The rate of diesel […]<\/p>\n","protected":false},"author":8,"featured_media":4237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[5751,1029,1028,4190,103,138],"class_list":["post-8202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-coalition-government","tag-ogra","tag-oil-and-gas-regulatory-authority","tag-petroleum-products","tag-imran-khan","tag-pakistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/8202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=8202"}],"version-history":[{"count":0,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/8202\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/4237"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=8202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=8202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=8202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}