Pakistan's Ministry of Petroleum and Natural Gas is likely to reduce the price of liquefied petroleum gas (LPG).
According to the Dawn, the ministry has devised a formula under which the per kilogram price of the commodity would witness a decrease by up to Rs.108 if it is fixed at Rs.92.50 per kilogram across the country.
The paper said it has a copy of the official documents related to the proposed formula, which is to be forwarded to the federal cabinet's Economic Coordination Committee (ECC) for approval.