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Government Increase Petrol Price By PKR 4 Per Litre: Ministry of Finance

admin-augaf by admin-augaf
October 1, 2021
in Business, News
Reading Time: 1 min read
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Government increases Petrol price by PKR8.03 to satisfy IMF

Government increases Petrol price by PKR8.03 to satisfy IMF

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Islamabad October 01 2021: Due to the increase in petroleum prices in the international market and exchange rate variations in the last fortnight, the OGRA has worked out the higher petroleum prices but Prime Minister has decided against the recommendation and passed on the minimum increase in prices to the consumers.

The Government has absorbed the higher international pressure of prices through reduction in Petroleum levy and the Sales tax.

It is pertinent to mention that petroleum prices in Pakistan are the cheapest in the region.

The price of petrol, Diesel, kerosene and Light Diesel oil increase by PKR 4, PKR 2, PKR 7.05 and PKR 8.82 per litre. The new price of Petrol, Diesel, Kerosene and Light Diesel Oil is PKR 127.3, PKR 122.04, PKR 99.31 and PKR 99.51 per litre.

The new prices of Petroleum products will be applicable w.e.f. 01 October, 2021.

admin-augaf

admin-augaf

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