Government announces special scheme for small vehicles and motorcycles as petroleum products become more expensive

-


 

Lahore (Urdu Point Latest Newspaper. February 16, 2022) After the rise in the price of petroleum products, the government announced the introduction of a special package for small vehicles and motorcycles. According to details, Finance Minister Shaukat Tareen while talking to private TV channel ARY News after the increase in prices of petroleum products said that they will not impose full burden on the people, will increase the influx of lower middle class celery class, small Bringing schemes for car and motorcycle owners, the Prime Minister will soon announce the program.

The Finance Minister further said that inflation will start declining in 6 to 8 months. It should be noted that last night the prices of petroleum products were increased in Pakistan.

Last night, the Ministry of Finance issued a notification to increase the prices of petroleum products. The Ministry of Finance took the position that the sales tax on petroleum products, petroleum levy is much less than the budget target, the government will bear a revenue deficit of 35 billion in terms of taxes.

The Prime Minister had postponed the summary of price hike on February 1. Petroleum prices were maintained till February 15 on the directive of the Prime Minister. However, oil prices in the world market have reached the highest level of 2014. The government, while approving the summary of the Ministry of Finance, announced to increase the price of petrol by more than Rs. According to the government decision, the price of petrol has been increased by Rs 12.03 per liter, high speed diesel by Rs 9.53 per liter, kerosene by Rs 10.8 per liter and light speed diesel by Rs 9.43 per liter. went.

The new price of petrol was fixed at Rs 159.86 per liter, light speed diesel at Rs 123.97 per liter, high speed diesel at Rs 154.15 per liter and kerosene at Rs 126.56 per liter.

Location: Pakistan

Comments

Post a Comment

Popular posts from this blog

The Election Commission barred the Prime Minister from attending the Lower Dir meeting

-
Image
  The Election Commission of Pakistan (ECP) has barred Prime Minister Imran Khan from attending a meeting in Lower Dir. According to media reports, taking notice of the local body elections in Khyber Pakhtunkhwa, Prime Minister Imran Khan has been barred from attending the Lower Dir meeting. In this regard, it has been said that attending the meeting would be a violation of the code of conduct of the Election Commission. It has been reported that the Election Commission has issued a new code of conduct after consultation with all political parties under which MPs are allowed to participate in the election campaign but public office holders are still barred from participating in the election campaign. Will be. It may be recalled that after the no-confidence motion was tabled in the National Assembly, Prime Minister Imran Khan announced a public meeting. There is a meeting, a meeting in Dir district of Khyber Pakhtunkhwa will tell who the people are with. In a meeting with journalist...
Read more

Inflation rose to 16.49 per cent on account of rise in prices of 20 items

-
Image
  Inflation in the country has risen to 16.49 per cent due to increase in prices of 20 items. Prices remain stable. The Federal Bureau of Statistics (FBS) has released weekly inflation data, which shows that the overall inflation rate in the country has risen to 16.49 per cent from 0.52 per cent in the previous week. Prices of 20 essential commodities have been recorded in recent weeks, including bananas at Rs 4.63 per dozen, tea, rice, lentils, lentils, broiler chickens at Rs 24.45 per kg and onions at Rs 3.80 per kg. The price of 2.5 kg ghee increased by Rs 4.60 paise, beef by Rs 2.38 paise and mutton by 33 paise per kg. Prices of 9 essential commodities have come down in recent weeks. These include tomatoes at Rs. 15-65 paise, garlic at Rs. 14-17 paise per kg, eggs at Rs. 69 paise per dozen, 20 kg bag of flour at Rs. 2-51 paise, sugar at 65 paise per kg, dal One rupee 72 paise per kg, dal mung 65 paise per kg has become cheaper. According to the report, prices of 22 essential co...
Read more

There is no group in the PTI

-
Image
Foreign Minister Shah Mehmood Qureshi says that there is no group in PTI, only Imran Khan group, the wind of no-confidence movement has blown, MQM tomorrow. She was with us in the meeting. According to details, while talking to media, Shah Mehmood Qureshi said that we will reach Badin without government machinery. He said that an alternative thinking and alternative leadership process has started in Sindh. Parliament has full confidence in the Prime Minister, the Assembly has again expressed confidence in Imran Khan. Talking about Pakistani politics, Foreign Minister Shah Mehmood Qureshi said that they understand Zardari's politics and our MLAs will not be misled by Asif Ali Zardari while we are sure that our MLAs will stick to their stand. Talking to media in Mirpur Khas, Foreign Minister Shah Mehmood Qureshi said that problems can be solved through dialogue and diplomacy and we have a clear position that war is not the solution to problems. Pakistan was at war for 20 years and su...
Read more