June 27, 2022

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Pakistan Revenue

Tag: petroleum prices

New petroleum prices in Pakistan from June 16, 2022
Jun 15
Energy, National, Top stories

New petroleum prices in Pakistan from June 16, 2022

ISLAMABAD: Pakistan on Wednesday announced yet another hike in petroleum prices effective from June 16, 2022. Finance Minister Miftah Ismail at a press conference announced the increase in prices of petroleum products. It is third consecutive increase in petroleum products. The government massively increased the prices of petroleum products. READ MORE: New petroleum prices in […]

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No increase in petroleum prices: Miftah
Jun 7
Budget 2022-2023, Finance, Top stories

No increase in petroleum prices: Miftah

ISLAMABAD: Finance Minister Miftah Ismail on Tuesday strongly rejected the reports attributing him regarding increase in petroleum prices in Pakistan. “In the pre-budget seminar I never even spoke about petroleum prices. Channels running these tickers are doing a disservice to their viewers. There will be no increase in prices today (June 7, 2022) and there […]

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KCCI appeals rescuing small traders in Catch-22 situation
Jun 4
Trade & Industry

KCCI appeals rescuing small traders in Catch-22 situation

Karachi Chamber of Commerce and Industry (KCCI) on Saturday declared Catch-22 situation and urged the government to rescue small traders from its fallout. Chairman Businessmen Group Zubair Motiwala and President KCCI Muhammad Idrees, while referring to upsurge in petroleum prices by Rs60 within a week along with exorbitant hike of Rs7.91 in electricity base tariff […]

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Petrol to become more precious than gold
Jun 4
OPINIONS

Petrol to become more precious than gold

People of Pakistan are in shock after back to back increase in petroleum prices up to 50.71 per cent by the government. The coalition government led by PML-N in a span of one week jacked up the prices of petroleum products first on May 26, 2022 and second on June 02, 2022. Petrol, which is […]

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Yarn merchants for reducing utility prices to save industry
Jun 3
Trade & Industry

Yarn merchants for reducing utility prices to save industry

KARACHI: Pakistan Yarn Merchants Association (PYMA) has asked the government to substantially reduce utility prices in order to save industry, especially small and medium enterprises (SMEs). In a statement on Friday, Saqib Naseem, Chairman, PYMA, Muhammad Junaid Teli, Vice Chairman, Sind and Balochistan region, have termed the sharp rise in prices of petroleum products by […]

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High inflation leads to street crime
Jun 3
OPINIONS

High inflation leads to street crime

It is generally known that affordability issues in buying essential items lead to rise in street crime. Pakistan is witnessing massive surge in prices of essential items over the period of last few months with the rise in prices of commodities in both international and domestic markets. The new coalition government by PML-N in a […]

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