Ever since coming into the power three months ago, the coalition government will take a sigh of relief and so with it, the rest of Pakistan. Finance Minister Miftah Ismail has confirmed that the petroleum prices would be reduced by the government today.
When asked whether the International Monetary Fund (IMF) had any objection to the price reduction, Miftah said that the loan-lender was okay with it.
According to several media reports, the petroleum prices are going to come down by Rs40.