{"id":255208,"date":"2022-04-16T04:32:10","date_gmt":"2022-04-15T23:32:10","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=255208"},"modified":"2022-04-16T04:32:10","modified_gmt":"2022-04-15T23:32:10","slug":"shehbaz-rejects-proposal-to-hike-oil-prices","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/shehbaz-rejects-proposal-to-hike-oil-prices\/","title":{"rendered":"Shehbaz rejects proposal to hike oil prices"},"content":{"rendered":"<p> ISLAMABAD<br \/>\nPrime Minister Shehbaz Sharif has rejected the Oil and Gas Regulatory Authority\u2019s (OGRA) proposal to hike the prices of petroleum products in the country.<br \/>\nThe decision was announced through the economy account of the ruling party, PMLNEconomy, on Twitter on Friday.<br \/>\nThere will be no change in the price of petroleum products as of now, adding that the premier has maintained that the government will bear the burden of the hike in the prices of petroleum products itself instead of shifting it to the masses.<br \/>\nEarlier, the OGRA had sent a proposal to the Finance Division to increase the price of petrol by Rs21.50 and diesel by Rs51.30 (based on existing\/current petroleum levy and GST).<br \/>\nOn February 28, former prime minister Imran Khan announced a reduction of Rs10 per litre in petrol and diesel prices and a price freeze till the announcement of the budget for 2022-23.<br \/>\nAccording to the proposal, the OGRA had suggested an increase of Rs83.50 per litre of petrol and Rs119.88 per litre of diesel (based on the federal government\u2019s advised petroleum levy of Rs30 and 17% GST). It is worth mentioning that currently, the petrol price in Pakistan is Rs149.86 while diesel is available at Rs144.15, with zero per cent levy and GST.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD Prime Minister Shehbaz Sharif has rejected the Oil and Gas Regulatory Authority\u2019s (OGRA) proposal to hike the prices of petroleum products in the country. The decision was announced through the economy account of the ruling party, PMLNEconomy, on Twitter on Friday. There will be no change in the price of petroleum products as of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":255228,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[512,3203,5822],"class_list":{"0":"post-255208","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-hike","9":"tag-oil-prices","10":"tag-pm-shehbaz-sharif"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Shehbaz rejects proposal to hike oil prices<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/leadpakistan.com.pk\/news\/shehbaz-rejects-proposal-to-hike-oil-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shehbaz rejects proposal to hike oil prices\" \/>\n<meta property=\"og:description\" content=\"ISLAMABAD Prime Minister Shehbaz Sharif has rejected the Oil and Gas Regulatory Authority\u2019s (OGRA) proposal to hike the prices of petroleum products in the country. The decision was announced through the economy account of the ruling party, PMLNEconomy, on Twitter on Friday. 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