Gas prices raised under IMF pressure: minister

Government raised gas prices on pressure of IMF: Minister

ISLAMABAD: Petroleum Minister Ghulam Sarwar Khan on Friday said the government had raised the prices of gas following pressure of the IMF and announced to revise the existing slabs to address the issue of inflated gas bills for domestic consumers that led to countrywide protest against the PTI government.
However, the government had faced a pressure of the IMF to increase the prices of gas in January but they were increased later. He said that inquiry relating to inflated gas bills is underway and the government had decided to review gas prices slabs to cut prices for gas consumers.
He said Pakistan is playing a pivotal role in bringing peace and stability to the region for which it is facilitating Afghan Taliban talks with the US and also ready to play the role as mediator between Iran and Saudi Arabia.
The minister ruled out concerns of Iran regarding investment of Saudi Arabia in Gwadar. He said that Pakistan had taken different initiatives to bring peace and security in the region and was ready to play the role of mediator between Iran and Saudi more
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