Miftah rebuts reports of increase in petroleum prices

Islamabad: Finance Minister Miftah Ismail Tuesday rebutted reports and clarified that the government has no plans to increase the price of petroleum products.

"There will be no increase in prices today, and there is no summary or plan to raise prices," the finance minister said in a tweet after media reports quoted him as saying that petrol prices will move up further.

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 and there is no summary or plan to raise prices.

— Miftah Ismail (@MiftahIsmail) June 7, 2022

"In the pre-budget seminar I never even spoke about petroleum prices. Channels running these tickers are doing a disservice to their viewers," the finance minister said.