ISLAMABAD - After giving couple of shocks to the consumers by announcing mini-budget and increase in power tariff last week, the govt is now all set to give another jolt to the masses by increasing POL prices by 10 to 12 per cent in April. The government is not in a position to maintain POL prices for the coming month of April, as its prices are increasing in the international market. The government already took several steps to control the soaring budget deficit, therefore, it may not give further subsidy on the oil prices in April, a senior govt official told The Nation. He further said that the government has no other option but to increase oil prices. The government had already faced Rs 21 billion loss by keeping oil prices unchanged in last three months while in one month it withdrew the raise by 50 per cent, he said. 'The government will face some Rs 15 billion loss in April if it does not change the prices for the coming month, he stated. He was of the view that Prime Minister Syed Yousuf Raza Gilani might make the final decision to change the oil prices or not, as the govt had faced tough time from its coalition partner Muttahida Qaumi Movement (MQM) ,whenever, it increases the oil prices. Talking about the exact increase in oil prices, he said it was not finalised yet, however, it would be around Rs 8 to 12 per liter for petrol and diesel for the next month. According to the official, the govt is working to control the budget deficit, as it already announced a mini-budget for the revenue generation and expenditures control for the remaining period of the ongoing financial year. Therefore, he said, the govt would increase the oil prices ,otherwise, its plan to control budget deficit might not yield any result. According to reports, IMF in its recent talks with Pakistan showed concerns over not increasing the oil prices. It is worth mentioning here the govt had announced mini-budget last week, as it levied new taxes including imposition of 15 per cent flood surcharge, increase in special excise duty, withdrew tax exemptions on several sectors and commodities. Meanwhile, the government had also enhanced the power tariff by two per cent.