Tuesday, February 24, 2009

Cut in petroleum price not possible due to fall in revenue

ISLAMABAD: National Assembly Standing Committee for Finance was told that any further cut in petroleum price was not possible due to fall in recovery of revenue, while the Advisor Finance, Shaukat Tarin said that $1 billion was expected to be received from US during current fiscal year.Standing Committee meeting was held with Fauzia Wahab in chair, which mulled over doing away with the government subsidy on food items and matters relating to pric

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