The Government of Pakistan announced on Monday that there will be no change in the prices of petroleum products until February 15 2021.
The news was confirmed by Special Assistant to the Prime Minister on Political Communication Shahbaz Gill, who took to Twitter and wrote: "The prime minister did not approve the summary of increasing petrol price by Rs11 and diesel by Rs14."
"The prime minister has said that oil prices were rising due to increasing inflation all over the world but the government would do its utmost [best] to save the people of Pakistan from inflation. Therefore, the prime minister has deferred this summary."
Last week, sources said the price of petroleum products was expected to shoot up by Rs10 for the next month in line with the rising rates in the international market.
NAB had accused former prime minister, along with others, of misusing their authorities to give wrongful gains of...
Premier lauds financial team for their efforts, says IMF's recently approved $1.1 billion tranche will "bring more...
Saudi Arabia has apprehended a number of suspects in nationwide crackdown on drug peddlers, smugglers
PML-N stalwart admits "bitterness" within ruling party after Dar not made finance minister
“We have to stand on our own feet. I know this is difficult but not impossible," says PM
JUI-F supports Asad Qaiser's demand to allow PTI organising public gatherings, says Fazlur Rehman