{"id":257317,"date":"2022-04-26T04:02:20","date_gmt":"2022-04-25T23:02:20","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=257317"},"modified":"2022-04-26T04:02:20","modified_gmt":"2022-04-25T23:02:20","slug":"miftah-rules-out-immediate-increase-in-petrol-prices","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/miftah-rules-out-immediate-increase-in-petrol-prices\/","title":{"rendered":"Miftah rules out \u2018immediate\u2019 increase in petrol prices"},"content":{"rendered":"<p>OGRA spokesperson says that there is no shortage of diesel or petrol in the country<br \/>\nIslamabad<br \/>\nFederal Minister for Finance and Revenue Miftah Ismail Monday announced that the price of petroleum products would not be increased \u201cimmediately\u201d, denying all claims regarding the petrol price hike that led to a massive increase in demand.<br \/>\nSpeaking during Geo News programme \u201cCapital Talk\u201d, Ismail urged people to stop filling their petrol tanks out of panic as prices will not be increased immediately.<br \/>\nIt is worth mentioning that due to the shortage of diesel in various cities of Punjab, long queues were witnessed at petrol stations.<br \/>\nMoreover, petrol stations have stopped selling diesel in the southern districts of Punjab. The Petroleum Association said that the companies have stopped the supply amid news that the price of petroleum products would increase.<br \/>\nMeanwhile, officials of the Kissan Ittehad have also complained that due to the non-availability of diesel, the wheat crop was being affected.<br \/>\nDismissing the rumours of a potential price hike, the Oil and Gas Regulatory Authority\u2019s (OGRA) spokesperson said that there is no shortage of diesel or petrol in the country.<br \/>\n\u201cRumours are being spread in some places; however, OGRA is closely monitoring the situation,\u201d the spokesperson added.<br \/>\n\u2018No plans to reverse SBP bill\u2019<br \/>\nThe finance minister also mentioned that any law that can harm relations with the International Monetary Fund (IMF) would not be amended.<br \/>\n\u201cThe government does not plan to reverse the State Bank (Amendment) Bill, 2021; however, the government will see after the IMF programme is completed next year,\u201d Ismail added.<br \/>\nEarlier, Defence Minister Khawaja Asif had said he believes the laws that the previous government amended to meet the IMF\u2019s conditions were wrong and needed to be reserved.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OGRA spokesperson says that there is no shortage of diesel or petrol in the country Islamabad Federal Minister for Finance and Revenue Miftah Ismail Monday announced that the price of petroleum products would not be increased \u201cimmediately\u201d, denying all claims regarding the petrol price hike that led to a massive increase in demand. Speaking during [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":211139,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[3286,2416,6394],"class_list":{"0":"post-257317","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-top-news","8":"tag-increase","9":"tag-miftah-ismail","10":"tag-petrol-prices"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Miftah rules out \u2018immediate\u2019 increase in petrol 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\/miftah-rules-out-immediate-increase-in-petrol-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miftah rules out \u2018immediate\u2019 increase in petrol prices\" \/>\n<meta property=\"og:description\" content=\"OGRA spokesperson says that there is no shortage of diesel or petrol in the country Islamabad Federal Minister for Finance and Revenue Miftah Ismail Monday announced that the price of petroleum products would not be increased \u201cimmediately\u201d, denying all claims regarding the petrol price hike that led to a massive increase in demand. 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