Summary for hike in POL prices rejected

ISLAMABAD: The federal government has deferred the decision to increase prices of petroleum products for the next 15 days, SAPM Shahbaz Gill confirmed the news on Monday.
Taking to Twitter, Special Assistant to the Prime Minister on Political Communication, Shahbaz Gill, said that Prime Minister Imran Khan had deferred a summary sent by the Oil and Gas Regulatory Authority (OGRA) seeking hike in POL prices for the next 15 days of February.
“PM Imran Khan did not approve the summary of increasing petrol by Rs11 and diesel by Rs14 to provide relief to public,” said SAPM Shahbaz Gill.
“Petrol, diesel prices will stay unchanged”, Gill wrote in a tweet.
The move, he said, aimed at not transferring the burden of growing inflation in the international market to the masses of Pakistan.
According to Gill, the premier said that oil prices were rising due to rising inflation all over the world but the government would do its utmost to save the people of Pakistan from this inflation.
The Oil and Gas Regulatory Authority (OGRA) had suggested an increase of Rs11 per litre in the price of petrol and Rs14 per litre in diesel price for the next 15 days.
On Jan 15, the federal government had jacked up prices of petroleum products by up to Rs3 per litre. –Agencies