High court issue notices to OGRA and Finance ministry to explain fuel prices increase – Research Snipers

High court issue notices to OGRA and Finance ministry to explain fuel prices increase

The notices have been issued to the Oil and Gas Regulatory Authority (OGRA) and the finance ministry by the Sindh High Court (SHC) to submit their responses on a petition challenging the recent hike in the petroleum products’ prices.

The official respondents—the Ministry of Finance, Chairman OGRA, and others—have been directed by a bench of the high court on Thursday to submit their replies to the petition against the price hike.

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The petitioner, in the petition, stated that the federal government of Pakistan has increased the misery of the people of Pakistan by increasing the prices of petroleum products.

The petitioner further contended before the high court that the incumbent government increased the prices of the petroleum products for 16 times and decreased only twice. He further stated, in his plea, that the federal government of Pakistan is charging Rs65 per liter as a tax on petroleum products.

The Sindh High Court (SHC) had adjourned the hearing of the case till January 14 after issued the notices to the concerned authorities.

According to a notification issued by the Finance Ministry, the government of Pakistan had increased the price of the petroleum products by up to Rs2.61 per liter for the month of January 2020.

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