Islamabad: After jolts of petrol bomb by previous PML N coalition government, Care Taker Prime Minister following the previous government has thrown petrol bomb on masses by increasing it price by Rs 17.50 per litre.
Now petrol price per litre reached Rs 290 per litre.
The high speed diesel (HSD) hiked by Rs 20 per litre.
— Ministry of Finance (@FinMinistryPak) August 15, 2023
Now the high-speed diesel climbed to Rs 293.40.
The new fuel prices are effective from August 16.
“Petroleum prices in the international market have increased during the last fortnight. As a result the consumer prices in Pakistan are also being revised,” the Finance Division said in a statement late Tuesday.”
The latest fuel price hike is likely to trigger a fresh wave of inflation in August.
Earlier on August 1, the former Pakistan Democratic Movement (PDM)-led government had announced a massive Rs19 per litre increase in the price of petrol and diesel, which it said was done amid rising global oil prices
