Islamabad September 16 2023: Govenment of Pakistan announced hike of PKR 26.02 per liter and PKR 17.34 in prices of Petrol and Diesel, according to the notification issued by Ministry of Finance.
After this hike, the new price of Petrol will be PKR 331.38 per liter and Diesel will be sold at a rate of PKR 329.18 per liter. To higlight, this is fourth consecutive hike in petroleum prices in last fortnight announcements. To highlight, on 16th July before start of recent hike in petroleum prices the price of Petrol and Diesel was PKR 253.0 per liter and PKR 253.5 per liter, respectively.
“Owing to the increasing trend of Petroleum prices in the international market, the Government has decided to revise the existing consumer prices of petroleum products” the notification said.
New prices of petroleum products will be effective from 16th September, 2023.
