Fuel Prices in Pakistan Will See A Major Rise in 7 Days
Feb 22nd, 2012 by zara
Fuel Prices in Pakistan Will See A Major Rise in 7 Days, Secretary Petroleum and Natural Resources Muhammad Ejaz Chaudhry on Wednesday revealed that petroleum prices will see a major hike in seven days
Chaudhry was briefing the parliamentary committee on oil prices. The meeting was chaired by Rana Tanveer, who later walked out in protest over the upcoming price hike.
The petroleum secretary had informed the committee that keeping in view global prices, the government will have to raise the rates accordingly.
Tanveer said that the government gave them “lollipops” every time and the prices would still keep going up. He walked out of the meeting in protest.
Finance Minister Hafeez Sheikh then arrived and tried to take the committee into confidence over the decision.
The session is still underway.
