ISLAMABAD: The government has jacked up the price of petrol by Rs 12.03 per litre with immediate effect.
The prices of high-speed diesel (HSD) was increased by Rs9.53 per liter and will now cost Rs154.15 per litre.
The price of kerosene oil was also increased by Rs10.08 per liter to Rs126.56 per litre.
In addition, light diesel oil will cost Rs9.43 more and will thus be priced at Rs123.97 per litre.
“The prices of petroleum products are showing a drastic increase in the international market and presently are at the highest level since 2014. Despite the unabated increase since the beginning of the year, Prime Minister Imran Khan deferred the last review of petroleum products’ prices on January 31, 2022, and advised against the summary of OGRA,” said the finance division in the latest statement.
The finance division stated that the government had also levied 0% sales tax and reduced the levy to provide “relief” to the consumers against budgeted.
