{"id":277751,"date":"2022-08-17T08:48:38","date_gmt":"2022-08-17T03:48:38","guid":{"rendered":"https:\/\/leadpakistan.com.pk\/news\/?p=277751"},"modified":"2022-08-17T08:48:38","modified_gmt":"2022-08-17T03:48:38","slug":"no-additional-tax-imposed-on-petroleum-prices-miftah","status":"publish","type":"post","link":"https:\/\/leadpakistan.com.pk\/news\/no-additional-tax-imposed-on-petroleum-prices-miftah\/","title":{"rendered":"No additional tax imposed on petroleum prices: Miftah"},"content":{"rendered":"<p>Present government has averted default by taking difficult political decisions<br \/>\n ISLAMABAD<br \/>\nFinance Minister Miftah Ismail has said the economy is improving and the government\u2019s next target is to control inflation.<br \/>\nAddressing a news conference in Islamabad on Tuesday, he said the rupee has continuously been appreciating since the 1st of this month due to curbs imposed on imports of non-essential items.<br \/>\nThe Finance Minister said the present government has averted default by taking difficult political decisions and a beginning has been made to put the economy on sound footing.<br \/>\nCriticizing the economic policies of PTI government, the Finance Minister said they left behind 10.3 billion dollars in foreign reserves and we have to return loan of twenty-one billion dollars during the current fiscal year.<br \/>\nThe Finance Minister said prices of petroleum products are determined by OGRA as per a laid down mechanism. He said no additional tax has been imposed on the petroleum prices. He pointed out that price of petrol in India is 303 rupees per liter while in Bangladesh it is being sold at 308 rupees.<br \/>\nMiftah Ismail said that a new letter of intent sent by the IMF will be signed by him today. He was confident that disbursements to Pakistan will start following the IMF\u2019s board meeting by the end of this month.<br \/>\nResponding to a question, the Finance Minister said that twenty-seven billion rupees in taxes will be collected from the traders during the current fiscal year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Present government has averted default by taking difficult political decisions ISLAMABAD Finance Minister Miftah Ismail has said the economy is improving and the government\u2019s next target is to control inflation. Addressing a news conference in Islamabad on Tuesday, he said the rupee has continuously been appreciating since the 1st of this month due to curbs [&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-277751","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>No additional tax imposed on petroleum prices: Miftah<\/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\/no-additional-tax-imposed-on-petroleum-prices-miftah\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No additional tax imposed on petroleum prices: Miftah\" \/>\n<meta property=\"og:description\" content=\"Present government has averted default by taking difficult political decisions ISLAMABAD Finance Minister Miftah Ismail has said the economy is improving and the government\u2019s next target is to control inflation. 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