NA continues debate on oil prices
Leader of the Opposition says govt's oil import bill has decreased due to declining oil prices in the int'l market.
The National Assembly held further debate on a motion regarding situation arising out of non-reduction of oil prices in accordance with the international market and implementation of the Pakistan Essential Services (Maintenance) Act, 1952 in PIA.
Resuming the debate, Shaikh Rashid Ahmad said that fleet of PIA has increased but there was no increase in its revenues.
He emphasized that after lifting of sanctions against Iran, Pakistan-Iran Gas Pipeline Project should be implemented to overcome shortage in the country.
Leader of the Opposition Syed Khurshid Ahmad Shah said the Government is charging average thirty-seven percent sales tax on Diesel, Petrol and Furnace Oil which is very high.
He said the government's oil import bill has also decreased due to declining oil prices in the international market but the relief has not been passed on to the masses.
Asad Umar criticized the government for increasing taxes on petroleum products. He pointed out that diesel is cheaper in 72 countries of the world than Pakistan.
Dr Farooq Sattar termed the imposition of sales tax on POL products as unlawful and unconstitutional.
Deputy Speaker Murtaza Javed Abbasi announced that MQM MNA Rehan Hashmi has tendered his resignation from NA-245, Karachi-IV.