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Govt jacks up petrol price by Rs14.85 per litre

by Arshad Khan
June 30, 2022
in Economy
2
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The new prices will be effective from July 1, 2022.

ISLAMABAD: The federal government, once again, jacked up the price of petroleum products on Thursday for the next fortnight, putting an additional pressure of nearly Rs15-18 per litre on the masses.

The Finance Division, in its notification, said that in view of the fluctuations in petroleum prices in the international market and exchange rate variation, the government has decided to partially apply a petroleum levy, and revise the existing prices of petroleum products “as agreed with the development partners.”

More From FactFile: Rupee records handsome gain against US dollar


Product
Existing prices
w.e.f
16-06-2022
New prices
w.e.f
01-07-2022
Increase/(-)
Decrease
Petrol Rs233.89Rs248.74+14.85
Diesel Rs263.31Rs276.54+13.23
Kerosene oilRs211.43Rs230.26+18.83
Light diesel oilRs207.47Rs226.15+18.68
Tags: Finance DivisionPakistanPakistan EconomyPetrol pricePrice Hike
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