Govt hikes prices of petroleum products

31 Dec, 2017 9:06 pm

ISLAMABAD (92 News) – The federal government on Sunday increased the prices of petroleum products.

According to a notification, petrol, high-speed diesel and light diesel have also been increased by Rs 4.06, Rs 3.96 and 6.25 per liter respectively.

Briefing the media in Islamabad this evening Advisor to Prime Minister for Finance Miftah Ismail said prices of petrol has been increased by 4.06 rupees per liter, High Speed Diesel and Light Diesel Oil are also increased by 3.96 rupees and 6.25 rupees per liter respectively.

He said prices of Kerosene oil is increased by 6.79 rupees per liter.

The adviser said new per liter prices of petrol will be 81.53 rupees, kerosene 64.32 rupees, High Speed Diesel 89.91 rupees and Light Diesel 58.37 rupees.

Miftah Ismail said that the prime minister has slashed half of the increase proposed by the OGRA in petroleum prices. He said that petroleum prices are still lowest in Pakistan as compare to other countries of the region.

The new prices will become effective from midnight.



Must Watch