Finance Minister Miftah Ismail denied reports that government raised fuel prices today, saying that in before-budget In the seminar, he didn’t even talk about oil prices.
“The channels using these tickers are doing a disservice to their viewers. There will be no promotion in prices for today and there is no summary or plan to raise prices,” he wrote. on his official Twitter handle on Tuesday.
In to-budget Seminar I didn’t even talk about oil prices. Channels using these tickers are doing a disservice to their viewers. There will be no promotion in prices to date and there is no summary or plan to raise prices.
— Miftah Ismail (@MiftahIsmail) June 7, 2022
His statement was made against the backdrop of messages of another hike in fuel prices just a few days after government raised the price of petroleum products by 30 rupees per litre. second to travel on foot in a week.
See also: Outrage of netizens over one more petrol price to travel on foot
Minister of Information Marryum Aurangzeb also called speculation of increase in Prices of petroleum products as “absolutely false”. ” government didn’t take one decision increase price of petrol and diesel further. people as well as media Please don’t listen to rumors. No lack of petroleum products in country. Avoid spreading rumors,” she wrote. on her handle on Twitter.
?? میڈیا سے درخ→
— Marriyum Aurangzeb (@Marriyum_A) June 7, 2022
In to-budget seminar earlier today, Mifta predicted that the country’s GDP will grow by 5%-6%, and government will control the high rate of inflation.
He also it turned out that government prepared a progressive fiscal budget, with deficit reduced to below 5%.
minister further stated that he was “very confident” in the deal with International Monetary Fund (IMF).
“We have taken tough decisions; It is not simple for Any prime minister to allow such an increase in fuel prices, but we suffered losses. We suffered more over 120 billion rupees in losses per month minister stated.
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