{"id":258792,"date":"2022-05-06T10:07:04","date_gmt":"2022-05-06T05:07:04","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=258792"},"modified":"2022-05-06T10:07:04","modified_gmt":"2022-05-06T05:07:04","slug":"govt-bearing-per-litre-30-rupees-loss-on-petroleum-miftah-ismail","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/govt-bearing-per-litre-30-rupees-loss-on-petroleum-miftah-ismail\/","title":{"rendered":"Govt bearing per litre 30 rupees loss on petroleum: Miftah Ismail"},"content":{"rendered":"<p> KARACHI<br \/>\nFinance Minister Miftah Ismail on Thursday said that the government treasury bearing 102 billion rupees loss on account of petroleum products each month.<br \/>\n\u201cThe government is bearing per litre 30 rupees loss on petroleum,\u201d Pakistan\u2019s finance minister said. \u201cHowever, the decision not yet taken to enhance the prices of petroleum products,\u201d he said.<br \/>\nIsmail, in a press talk today, said the government had previously never sold petrol at a loss because the economy could not afford it, adding that if fuel prices are not hiked in May, the treasury will lose Rs102 billion.<br \/>\n\u201cThe previous government, without launching a project, enhanced the deficit to 2,600 billion rupees,\u201d the minister said. \u201c How the deficit of 1500 billion rupees in gas sector will be fulfilled,\u201d he questioned. \u201c 500 billion rupees are payable to the Pakistan State Oil (PSO),\u201d he further said.<br \/>\nIsmail said that the country\u2019s debt has skyrocketed to 45,000 billion rupees. \u201cWho should be made accountable for the deficit in Pakistan Railways and the PIA,\u201d he asked.<br \/>\nHe said the government of Prime Minister Shehbaz Sharif not intending to overburden the people with new taxes. \u201cWe have got good response from Saudi Arabia,\u201d he claimed. \u201cThe delegation of UAE held meeting with the prime minister on Eid day,\u201d he said.<br \/>\nHe also said that the Karachi Circular Railway and Karachi-Hyderabad Motorway projects will be included in the CPEC.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI Finance Minister Miftah Ismail on Thursday said that the government treasury bearing 102 billion rupees loss on account of petroleum products each month. \u201cThe government is bearing per litre 30 rupees loss on petroleum,\u201d Pakistan\u2019s finance minister said. \u201cHowever, the decision not yet taken to enhance the prices of petroleum products,\u201d he said. Ismail, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-258792","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-business"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt bearing per litre 30 rupees loss on petroleum: Miftah Ismail<\/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\/govt-bearing-per-litre-30-rupees-loss-on-petroleum-miftah-ismail\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt bearing per litre 30 rupees loss on petroleum: Miftah Ismail\" \/>\n<meta property=\"og:description\" content=\"KARACHI Finance Minister Miftah Ismail on Thursday said that the government treasury bearing 102 billion rupees loss on account of petroleum products each month. \u201cThe government is bearing per litre 30 rupees loss on petroleum,\u201d Pakistan\u2019s finance minister said. \u201cHowever, the decision not yet taken to enhance the prices of petroleum products,\u201d he said. Ismail, [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/leadpakistan.com.pk\/news\/govt-bearing-per-litre-30-rupees-loss-on-petroleum-miftah-ismail\/\" \/>\n<meta property=\"og:site_name\" content=\"Daily Lead Pakistan\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/DailyLeadPak\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-06T05:07:04+00:00\" \/>\n<meta name=\"author\" content=\"Web Desk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:site\" content=\"@DailyLeadPak\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Web Desk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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