Planning Commission angry at oil price hikes

ISLAMABAD: The Planning Commission of Pakistan (PC) has expressed complete dissatisfaction over the mechanism of fixing the end consumer prices of petroleum products. The commission, in its detailed briefing given to the World Bank and other donors on overall energy related matters, pinpointed the shortcomings of determining the prices."Retail prices do not reflect international price trends," the planning department told the international donor agencies about the petroleum sector, pricing issue... more

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