Islamabad: Minister for Finance and Revenue Miftah Ismail on Sunday come up with good news for the masses as government has decided to maintain fuel prices in the country.
Addressing a news conference in Islamabad today [Sunday]. he said despite increasing prices of petroleum products in the world, Prime Minister Shehbaz Sharif has decided not to transfer the burden of price hike on masses.
He said PTI government has destroyed economy of the country adding that agriculture sector was badly ignored and resultantly Pakistan imported wheat worth of six hundred million dollars last year.
He said this year wheat worth of 1.5 billion dollars will have to be imported. Miftah Ismail said prices of flour soared up from 35 rupees per kg to 80 rupees per kg in last four years.
Let me amplify what I just said in my presser. The government will not raise POL prices today. But due to changing circumstances and international oil prices, we may have to revisit our decision soon.— Miftah Ismail (@MiftahIsmail) May 15, 2022
Talking about sugar price, Miftah Ismail said that government is providing cheap sugar and it has directed to further decrease the price of commodity.
He also said the government will not import sugar this year.