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POL prices to be reviewed fortnightly: Ministry

ISLAMABAD: The latest eyebrow-raising news for the financially ravaged people of Pakistan is that the petroleum ministry Friday resolved reviewing POL product prices fortnightly instead of 30 days.

It means the poor masses are going to be overburdened with raise in POL prices after every 15 days instead of 30 days.

In this connection, Petroleum Ministry has drafted a summery to seek approval from Economic Coordination Committee (ECC).

The summery seeking review in POL price was drafted by Advisor to PM on natural resources Dr. Asim Hussain. Sources said it is likely that the ECC will endorse the recommendation sans any delay given the continuous price hike in international market.

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