Petrol Price Increased By Rs 1.77 per Litre

Petrol Price Increased By Rs 1.77 per Litre 1

Petrol Price Increased By Rs 1.77 per Litre 2

The federal government decided on Sunday to increase the prices of petrol by Rs 1.77 per liter and High Speed Diesel (HSD) by Rs 2 per liter for the next two weeks.

The decision was announced by Finance Minister Ishaq Dar during a news conference in Islamabad, Radio Pakistan reported. However, the prices of Light Diesel Oil (LDO) and kerosene will remain the same from 16th to 31st January.

Related: Did You Kow? PSO’s Green Plus Diesel Wasn’t Greener..

According to the finance minister, the treasury will bear the burden of Rs 2.75 billion as subsidy for this period on petroleum products.

The price change came two weeks after the government decided on December 31st  to revise prices of petrol and HSD on fortnightly basis. It was also decided that the prices of LDO and kerosene oil would remain unchanged for the entire month of January.

from The Express Tribune


0 0 vote
Article Rating

About News Desk

Responsible for delivering local & international automotive news.

View all posts by News Desk
Notify of
Inline Feedbacks
View all comments