Petroleum prices kept unchanged to make space for tariff cut |
ISLAMABAD: The government on Saturday decided to keep the petroleum prices unchanged, contrary to expectations they would fall by up to Rs14 per litre for the next two weeks due to fluctuations in the international market.
Prime Minister Shehbaz Sharif decided to use the extra fiscal space to reduce electricity tariffs.
An official statement released on Saturday said the government had decided to keep the prices unchanged.
The prime minister has decided to use the added revenue to reduce electricity tariffs, the statement added, signalling a major relief for the public in coming days.
The per litre price........