ISLAMABAD: The PTI-led federal government kept the prices of all petroleum products unchanged for May, State Minister for Information and Broadcasting Farrukh Habib announced on Monday.
Taking to Twitter, the minister said that petroleum products price will remain the same till May 31, adding that Prime Minister Imran Khan had decided not to burden the people despite increasing rates in the international market.
پیٹرولیم مصنوعات کی قیمتیں نہ بڑھانے سے حکومتی خزانہ کو2.77 ارب کا روپے بوجھ برداشت کرنا پڑے گا۔حکومت نے نہ صرف پیٹرولیم لیوی میں ا،یڈجسمنٹ کی بلکہ لائیٹ ڈیزل اور کیروسین آئل پر سیلز ٹیکس میں بھی کمی کی ہے
— Farrukh Habib (@FarrukhHabibISF) May 17, 2021
Farrukh Habib also claimed the national exchequer would suffer a loss of Rs2.77 billion if the rates of petroleum products are not increased. “We have not only adjusted petroleum levy but also reduced the sales tax on light diesel and kerosene oil.”
Therefore, petrol will continue to cost Rs108.56 per litre, diesel Rs110.76 per litre, kerosene oil Rs80, and light diesel oil Rs77.65 per litre.
PM Imran Khan had not increased petrol prices in April despite an increase in the rates internationally, and due to that, the national exchequer suffered a loss of Rs4.8 billion.
