ISLAMABAD: Federal Finance Minister Ishaq Dar on Saturday announced to maintain the existing prices of petroleum products for the next 15 days.
In a televised address, Dar said the government has decided that the prices of petroleum products at this moment will be maintained for the next 15 days, adding that there will be no change in them.
Earlier, sources said levy on diesel could be increased to maintain the existing prices as the government scrambles to revive the International Monetary Funds (IMF) loan programme to pull the country out of the economic quagmire.
The existing petrol price is Rs214.80 per litre and it includes Rs50 levy and Rs14 margin and other taxes. The ex-refinery price of diesel is Rs187 per litre and the government is receiving Rs30 in levy and Rs10 in other taxes, making its current price as Rs227.80 per litre.