Pakistan

Pakistan keeps petroleum prices lowest in region: Dar

The finance minister said that the finance ministry was providing maximum relief to the end-consumers

APP November 15, 2016

The finance minister said that the finance ministry was providing maximum relief to the end-consumers. PHOTO: AFP

ISLAMABAD: Minister for Finance Mohammad Ishaq Dar here on Tuesday said Pakistan has maintained the lowest prices of petroleum products in comparison to the rest of South Asia, particularly India and Bangladesh.

He stated this while chairing a meeting here with Federal Minister for Petroleum and Natural Resources Shahid Khaqan Abbasi, where they reviewed progress on different initiatives.

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The finance minister said that on the advice of the prime minister, the finance ministry was providing maximum relief to the end-consumers. He urged the petroleum ministry to focus on discovery of new fields so that the oil import burden could be reduced. The petroleum minister appreciated the stability maintained in oil prices for the benefit of the end-consumers.

Published in The Express Tribune, November 16^th, 2016.

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