Govt to devise policy for hike in petroleum prices: Miftah Ismail

Finance Minister Miftah Ismail says the government will devise a policy to increase the petroleum prices.

Talking to a private news channel, he said the elite class having big vehicles cannot be given subsidy, but those using less petrol, such as motorcyclists, would be given relief.

The Finance Minister said the present government will make all-out efforts to reduce the budget deficit increased during the PTI regime.

Source: Radio Pakistan