Petrol in Pakistan increased by Rs 233 per liter, price increased by Rs 24 in a day
This is the third such increase in Pakistan within the last 20 days. Addressing a press conference in Islamabad, the Finance Minister of Pakistan said that the new prices will come into effect from midnight tonight (June 15).
The price of one liter of petrol in Pakistan has reached Rs 233.89. In Pakistan, which is facing financial crisis, 24 rupees per liter of petrol has been increased in a day. The Pakistan government announced on Wednesday that it has been decided to further increase the price of petrol by Rs 24 per litre. This is the third such increase in Pakistan within the last 20 days. Addressing a press conference in Islamabad, the Finance Minister of Pakistan said that the new prices will come into effect from midnight tonight (June 15).
Now the price of petrol in Pakistan will be Rs 24.03 and will increase to Rs 233.89 per liter. At the same time, after increasing the price of diesel by Rs 16.31, it will be Rs 263.31 per liter. Meanwhile, the new price of kerosene will be Rs 211.43 after an increase of Rs 29.49 and the price of light diesel will be Rs 207.47 after an increase of Rs 29.16. Finance Minister Ismail said the government has no option but to pass on the impact of international prices to consumers in Pakistan.
With this, the Government of Pakistan has increased the price of petrol by more than Rs 84 per liter in the last 20 days. Explaining the reasons for another hike in the prices of petroleum products, the minister said that the international price of petrol was $120 per litre. “Our country is still suffering a loss of Rs 24.03 in petrol, Rs 59.16 in diesel, Rs 29.49 in kerosene and Rs 29.16 in light diesel oil,” he said in the press conference. He said that the government is spending Rs 120 billion on petrol subsidy. “I have been watching the condition of the country for 30 years, but I have never seen such a situation in terms of inflation,” the minister said.