Islamabad May 15 2022: Government is not going to increase petroleum prices today despite country's commitment with IMF says Finance Minister Miftah Ismail in a press briefing.
He says, "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."
He added, "We will talk to IMF on passing the increase in petroleum prices to the masses. However, we can increase prices later on as per agreed upon with IMF and i will go to meet IMF delegation on 18th of May 2022 at Doha."
"Our situation is not comparable to that of Sri Lanka as their situation is much worse than us" says Miftah