ISLAMABAD: In yet another jolt to the inflation-hit masses, the government has decided to increase petrol and diesel prices by Rs14.85 per liter from July 1.
After the recent increase, the new petrol price has been fixed at Rs248.74 per litre, the finance ministry announced. The price of high-speed diesel has been increased by Rs13.23 per litre and the new price has been fixed at Rs276.54 per litre.
The notification further stated an increase of Rs18.83 in the price of kerosene, while the rate of light-speed diesel has been jacked up by Rs18.68 per litre.
The new price will come into effect from 12 am on July 1.
