Govt to pass on oil impact to consumers

• Decision taken to avoid fiscal burden following closure of the Strait of Hormuz ISLAMABAD: Amid disruption to LNG imports from Qatar, the government on Mon­day decided to continue passing on the impact of rising global oil prices to consumers under the existing fortnightly adjustment mechanism to avoid a fiscal burden, while closely monitoring supplies and exploring alternative import routes following the closure of the Strait of Hormuz. A meeting of the newly created 18-member cabinet co...

By none@none.com (Khaleeq Kiani)