No respite: Petrol, diesel price in Pakistan swell by Rs35
The federal government on Sunday increased the per liter price of petrol and diesel by Rs35 for the next fortnight.
The decision was announced in a televised address by Federal Finance Minister Ishaq Dar.
The new prices are effective from today.
The minister stated that OGRA had requested Prime Minister Shehbaz Sharif and the government to implement the new rates on an immediate basis to prevent the temporary hoarding and the speculations about the shortage of petrol.
With recent changes in the prices, petrol will now be sold for Rs249 per liter instead of Rs214.80 instead per liter.
The new price of high-speed diesel will be Rs262.80.
The price of kerosene oil has also been increased by Rs18 per liter, and it will be available for Rs199.83.
The light diesel has also been increased by Rs18 per liter and now it will be sold by Rs187.
|Fuel||Existing prices per liter||New Prices per liter||Change in price|
|High Speed Diesel||Rs227.80||Rs262.80||Rs35|
|Light Diesel Oil||Rs169||Rs187||Rs18|
Imran terms petrol hike as total mismanagement
Pakistan Tehreek-e-Insaf (PTI) Chairman criticized the hike in petroleum products and termed it as total mismanagement.
In a tweet, Imran said, “Total mismanagement of our economy by a corrupt and incompetent imported govt has crushed masses and salaried class with latest hike in petrol and diesel prices and Rs33/$ devaluation to Rs262.6/$. Electricity and gas price hike and 35 per cent unprecedented inflation expected with Rs200bn mini budget.”