ISLAMABAD: Prime Minister of Pakistan Miyan Mohammad Nawaz Sharif has announced to retain current oil prices for the month of July.
PM announced this good news during his address to opening ceremony of Islamabad Express Way extension.
He went on to say that current oil prices shall be maintained for next month despite a recommendations from the Oil and Gas Regulatory Authority (Ogra) on Monday to hike oil prices to keep pace with global price changes.
With Ogra’s recommendations, petrol prices were likely to go up by Rs4.26 per litre, or 5.5%, to Rs82.05 per litre beginning July 1.
However, the announcement from PM has brought a sigh of relief for inflation-stricken people.
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