Wednesday, September 28, 2022

No new tax of a single rupee imposed on POL products: Miftah Ismail

No new tax of a single rupee imposed on POL products: Miftah Ismail

ISLAMABAD (92 News) - Finance Minister Miftah Ismail has said that no new tax of a single rupee has been imposed on the POL products.

Addressing a press conference on Tuesday, he said that the prices of POL products have been increased as per the OGRA formula. "People should keep trust in the government and its prices will be reduced," he added.

The minister said that the IMF programme has been started and US$3.4 billion will be received by tomorrow. "The previous government had left the country on the verge of destruction. We saved the country by paying the political price," he maintained. He thanked the importers for their cooperation.

Miftah Ismail said that the rupee had been the best currency from August 1 to 15. "Overseas Pakistanis send US$30 billion. The previous government did not consider growth, but only the circular debt," he added.