Petrol pump operators in Rajasthan are holding a two-day strike starting from Wednesday during which all the petrol pumps in the state will remain closed.
As Pakistan continues to grapple with high electricity bills, the caretaker government on Thursday further jacked up the petrol and diesel prices by over 14 Pakistani Rupees (PKR) taking the price past 300 PKR, Geo News reported on Friday.
The Pakistan Finance Minister, Ishaq Dar, informed about the development that led to the prices of petrol and diesel at Rs 272.95 and Rs 273.40 per litre, respectively.
Launching a strong attack on the Centre over a hike in commodities prices, Congress on Sunday demanded the government to slash the prices of petrol and diesel by 35 per cent.
Dar in a late-night press conference said: "There has been no increase in the price of petrol." He, however, added that the diesel price has been increased by Rs 7.50 per litre.
Pakistan government is mulling raising the Petroleum Development Levy (PDL) on petrol and diesel from Pakistani Rupees (PKR) 50 to PKR 55 per litre with effect from July 1, 2023, Pakistan-based The News International reported.
Ishaq Dar said that the prices of petrol and diesel will remain unchanged. The decision to keep the petroleum products prices unchanged is taken in view of international rates, according to ARY News.
The increase in the price of petroleum products was one of the preconditions of the Washington-based lender, which will lead to a hike in the already record-high inflation, coupled with the new fiscal measures undertaken through the 'mini-budget'.