Pakistan: Imran Khan govt drops petrol price bomb on citizens
Islamabad:Pakistan's Imran Khan-led government on Saturday hiked prices of petroleum products with petrol now becoming expensive in the nation by Rs10.49 for the next fortnight.
At the same time, high-speed diesel price was hiked by Rs12.44.
The increase in POL products was notified a day after the government hiked power tariff by Rs1.39 per unit which would come into effect from next month, reports Geo News.
According to a notification issued by the Ministry of Finance, the price of kerosene oil has been increased by Rs10.95 per litre while light speed diesel has got costlier by Rs8.84 per litre, the newspaper reported.
“At present, oil prices have risen around $85 a barrel (Global Benchmark Brent) highest since October 2018,” reads the finance ministry notification.
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