POL prices to be decided fortnightly: ECC

Pakistan

POL prices to be decided fortnightly: ECC

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The Economic Coordination Committee has approved to revise POL prices after every fifteen days.

15 May,2012 07:36 pm

The committee of the Cabinet met Tuesday under the chair of Federal Finance Minister Dr Abdul Hafeez Shaikh and approved revision of fuel prices after every 15 days. The meeting also discussed the economic condition of the country and the distribution of gas under new formula. The committee also reviewed to relax the IPPs from the condition of power production.