Ministry of Finance – Page 2

LPG prices increased by Rs10 per kg across Pakistan

October 31, 2020 by Muhammad Usman

On one hand, the prices of petroleum products have been reduced and on the other hand, the prices of LPG have been increased across Pakistan. According to details, the government increased LPG price by Rs10 per kg while OGRA has also issued notification of LPG price for November. Domestic cylinders have been priced at Rs114 … Read more

Government Decides To Maintain Prices Of Petroleum Products

October 15, 2020 by Aizbah Khan

Government Reduces Prices Of Petroleum Products

ISLAMABAD: The federal government has decided to maintain the current prices of petroleum products for the next 15 days. According to Finance Ministry officials, the decision was taken by the Finance Ministry with the approval of the Prime Minister, while the Oil and Gas Regulatory Authority (OGRA) had also recommended maintaining the prices of petroleum … Read more

Petroleum products’ prices to reduce from October 16: Sources

October 14, 2020 by Muhammad Usman

Petroleum products‘ prices are likely to reduce from October 16.

According to sources, OGRA has sent a summary of the prices of petroleum products to the Petroleum Division. It further said that the levy rate on petroleum products might reduce.

By reducing the levy, modest relief will be given to the people, sources added.

It is pertinent to mention here that the revision in the prices of petroleum products will be announced by the Ministry of Finance.

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Petrol prices to remain unchanged: Finance Ministry

September 30, 2020 by Muhammad Usman

The Ministry of Finance has issued a declaration on the prices of petroleum products. According to the announcement, the price of high-speed diesel has been reduced by Rs2.40 paise to Rs 104.06 per liter while the price of petrol, kerosene, and light diesel has been maintained. Petrol price has been maintained at Rs103.97 per liter, … Read more

Total debt and liabilities of Pakistan reaches 87.2 percent of GDP

September 17, 2020 by Web Desk

The total debt and liabilities of Pakistan have reached 87.2% of Gross Domestic Product (GDP). Details of the debt owed by the Ministry of Finance were tabled in the National Assembly session today. The government has confirmed the increase in the country’s debt by Rs 14,000 billion. According to a report submitted to the National Assembly, … Read more

Petrol prices increase by Rs 3.86

July 31, 2020July 31, 2020 by Atta Ur Rehman Khan

Govt Decides to increases prices of petroleum products

The prices of petroleum products have been increased. The sources of the ministry of finance said that the prices of petroleum products have been increased on the occasion of Eid-ul-Adha. [embedpost id=”50366″ slug=”govt-decides-to-change-prices-of-petroleum-products-every-15-days”] According to the details, high speed diesel price has been increased by of Rs 5 per liter. The price of Kerosene has … Read more

Petroleum product prices to increase again from August 1st

July 29, 2020 by Muhammad Usman

The petroleum product’s price has once again increased in Pakistan. OGRA has sent the Ministry of Finance a summary of changes in the prices of petroleum products. According to the summary sent by OGRA, it has been proposed to increase the prices of petroleum products by more than Rs 9 per liter from August 1. … Read more

Petrol prices reduce in Pakistan

June 1, 2020May 31, 2020 by Atta Ur Rehman Khan

The government has decided to change the prices of petroleum products. According to details, a statement issued by the Finance Ministry said that the price of petrol has been reduced by Rs 7.6 per liter. A statement from the Finance Ministry said that the price of diesel has been increased by 5 paisa per liter … Read more

Why KSA is suspending cost of living allowance and increasing VAT?

May 11, 2020May 11, 2020 by Web Desk

In a bid to address the impact of the coronavirus crisis, Kingdom of Saudi Arabia KSA has announced to suspend the cost of living allowance and increasing value added tax (VAT) as part of tackling measures. Finance Minister of Saudi Arabia, Mohammed Al-Jadaan said “Cost of living allowance will be suspended as of June first, … Read more

Measures taken to control inflation, Ministry of Finance

February 3, 2020 by Web Desk

Ministry of Finance said on Monday the outcome of stabilization policies, agriculture sector interventions, rigorous monitoring at federal and provincial levels and favourable weather will bring in better results in easing out inflation and sustain the economy towards growth and productivity in the coming days. Radio Pakistan reported while quoting a press release issued by … Read more

LPG price increases, notification issued

November 30, 2019November 30, 2019 by Aizbah Khan

The Oil and Gas Regulatory Authority (OGRA) has issued a notification to increase the price of LPG. According to details, OGRA has increased the price of LPG by Rs 2 per kg, domestic cylinder price by Rs 18 and commercial cylinder by Rs 72. After the increase, LPG will now be sold nationwide at Rs … Read more

Petroleum products prices jack up

November 1, 2019 by Aizbah Khan

On the recommendations by the Oil and Gas Regulatory Authority (OGRA), the government has increased the price of petrol by Rs.1 per liter. The Ministry of Finance has issued the notification for the month of November. However, the price of light diesel has been decreased by Rs6.56 while that of kerosene by Rs2.39 per liter … Read more

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