Tag Archives: First test for new govt as Ogra proposes massive oil price hike

ISLAMABAD: Days after the exit of the PTI government, the Oil and Gas Regulatory Authority (Ogra) on Thursday suggested an unprecedented increase of up to Rs120 per litre (over 83 per cent) in the prices of petroleum products with effect from April 16 to recover full imported cost, exchange rate loss and maximum tax rates. Highly placed sources in Ogra …

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