ISLAMABAD - National Assembly Speaker Dr Fehmida Mirza has constituted a special committee to review the present prices of petroleum products.

The committee notified Wednesday by the assembly secretariat has been tasked to carry out the review in a week and submit its report carrying proposals for possible reduction in the POL prices.

The special committee comprises of MNAs Syed Naveed Qamar, Riaz Hussain Pirzada, Dr Farooq Sattar, Engineer Khurrum Dastgir and Rana Tanveer Hussain, while adviser to the PM on finance is an ex-offico member. During the negotiations on the 20th constitutional amendment the government had given assurance to the Pakistan Muslim League-Nawaz and other opposition parties that they would slash down the prices of the petroleum products at the time of the passage of the amendment from the parliament.

But, at the time of tabling of the 20th amendment in the house  when opposition came to know the government was not going to announce decrease in the POL prices  the opposition had once dragged its feet over the amendment by taking the plea that right now the slot of leader of opposition in Sindh Assembly was vacant. So the matter of POL prices also figured in the well over two-hour-long discussion between the government and opposition sides, and the government sought time to meet opposition’s demands.

It was in this backdrop that the committee having representation from all the parliamentary parties was notified by the NA speaker which would come up with proposals to bring down the prices of the petroleum products to provide relief to the general public, which is already hard-pressed due to a general hike in the prices of commodities of daily use.