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Pakistan raises petrol price by Rs 35, pushing retail cost to a whopping Rs 249.80 per litre amid severe food, energy crisis

Pakistan raises petrol price by Rs 35, pushing retail cost to a whopping Rs 249.80 per litre amid severe food, energy crisis

Pakistan raises petrol price

Pakistan petrol-diesel charge hike: coins-strapped pakistan’s government has raised charges of petrol and diesel by way of rs 35 in line with litre each on sunday, january 29.

this is some different jolt to the united states of america’s inflation-stricken human beings after pakistan’s forex depreciated to its lowest in competition to america dollar inside the interbank and open market.

Pakistan’s finance minister ishaq dar made the assertion in a televised cope with on sunday morning, in line with pti. the new charges have come into impact from 11 am on january 29.

“we have determined to growth the fee of petrol and diesel by rs 35 every. The rate of kerosene oil and mild diesel oil has been improved by manner of rs 18 each,” said pti citing fm dar, including that the new expenses might come into impact at 11 am on sunday.

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Kerosene Price Hike

on the same time as making the declaration, ishaq dar stated the price of kerosene oil and mild diesel oil has also been extended with the aid of using 18 pakistani rupees in line with liter.

Pakistan’s finance ministry said in a tweet that the new rate of petrol is pkr 249.80 in step with liter and the modern fee of diesel is pkr 262.80 in line with liter.

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Petrol-Diesel New Prices
Pakistan’s Finance Ministry tweeted, the government “announced new prices of Petroleum Products with effect from 11.00 hrs, 29 Jan ,2023.”
High Speed Diesel – Rs 262.80 per litre

MS Petrol — Rs 249.80 per litre

Kerosene Oil – Rs 189.83 per litre

Light Diesel Oil – Rs 187 per litre

Oil prices increased by 11%

Pakistan’s finance minister ishaq dar asserted that the government has determined to increase the minimal fee of these 4 merchandise as in line with the commands given through pakistan’s high minister shehbaz sharif, pti document said quoting dawn – a pakistan’s media residence.

Pakistan is dealing with the worst financial catastrophe as its reserves have dropped to a vital degree of usd 3.7 billion and want pressing manual to keep away from default.

The imf is the only forum that would shop the united states of the usa, stated pti. but many people wonder approximately the destiny of the us with none long-time period making plans in sight to address similar financial conditions.

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