US EditionGovt hikes petrol, diesel prices by Rs27 per litre
The increase lifts taxes on fuel to meet IMF conditions and adds pressure on motorcycle owners, car owners and freight users, officials said.
- On Friday, Prime Minister Shehbaz Sharif increased petrol and high-speed diesel prices by Rs26.77 per litre, effective for the week starting April 25, raising petrol to Rs393.35 and HSD to Rs380.19 per litre.
- The Petroleum Division stated the government must transfer the burden of rising global oil prices to meet agreements with international partners, fixing the petroleum levy on petrol at Rs107.4 per litre.
- Diesel remains vital for freight and agriculture sectors, while petrol costs directly impact private transport budgets; total taxes on petrol now reach Rs134 per litre.
- The government expects approval for the $7b International Monetary Fund bailout package in early May, while officials must decide next week whether to recover the remaining Rs53 per litre tax.
- Light diesel oil prices decreased by Rs29 to Rs270 per litre due to global market ease, while the minister expressed hope that achieving regional peace will provide relief to consumers.
13 Articles
13 Articles
Govt hikes petrol, high-speed diesel prices by Rs26
The government raised the prices of petrol and high-speed diesel (HSD) by Rs26.77 each on Friday. Following the increase, the price of petrol now stands at Rs393.35 and that of HSD at Rs380.19. The announcement was made in a press release issued by the Petroleum Division. It said the prices were revised for the week starting on April 25. Petrol is mostly used in private transport, small vehicles, rickshaws and two-wheelers and has a direct beari…
Geo News
Islamabad PostGovt hikes petrol, diesel prices by nearly Rs27 per litre
Petrol, diesel prices increased amid Mideast crisis.Petrol price now stands at Rs393.35 per litre.Diesel price increased to Rs380.19 per litre. The federal government announced a Rs26.77 per litre hike in the price of...
Islamabad: Petrol and diesel prices have been sharply increased in Pakistan following a surge in global crude oil prices following the Iran-US conflict. Petrol and high-speed diesel have been increased by Rs 26.77 per litre. With this, the price of one litre of petrol has reached Rs 366.58...
Petrol Diesel Price Increase Rs26.77 — Pakistan Fuel Rates Go Up - THE DESTINATION
Petrol diesel price increase Rs26.77 per litre has been officially announced by the government. This is the latest fuel revision. It will take effect in the upcoming week. Both petrol and high-speed diesel are affected equally. Why Did the Government Raise Fuel Prices? The main reason is rising global oil prices. International markets are facing […] The post Petrol Diesel Price Increase Rs26.77 — Pakistan Fuel Rates Go Up appeared first on THE D…
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