No relief for masses as govt keeps petrol price unchanged until May 15. The federal government has announced to keep petrol and high-speed diesel prices unchanged for the next fortnight despite reports that petroleum prices might go down.
In late night tweet, Finance Minister Ishaq Dar announced a slight cut in the price of high-speed diesel but said that the price of petrol will remain unchanged for the next two weeks.
Dar said the price of high-speed diesel will now be Rs. 288 per liter after a lessening of Rs5 and price of petrol will remain same at Rs282 per liter. The price of kerosene oil and light diesel oil has been reduced by Rs10 each.
The kerosene oil price stands at Rs176.07 per liter while the price of light diesel oil is Rs164.68 per liter.
Read more: Has petrol price increased in Pakistan?
Last month, the Sharif-led government increased the price of petrol by Rs10 per liter. Earlier, there were reports that the cost of gasoline would drop by 4.5 rupees a litre as OGRA sent a summary to the federal cabinet.
Masses already faced several oil price shocks since the ruling alliance government came into power to fulfill its commitment to the international lender.
ISLAMABAD: The federal government has introduced new income tax slabs for government employees and salaried…
ISLAMABAD: The Ministry of Religious Affairs has issued new instructions for Pakistani pilgrims going to…
ISLAMABAD: The prices of various smartphones in the country are likely to drop by Rs…
MUZAFFARABAD: The Azad Kashmir High Court has ordered the restoration of the Pakistan Tehreek-e-Insaf (PTI) election…
KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…
KARACHI: The price of gold in Pakistan has decreased by more than Rs 10,000, according…