The Pakistan Bureau of Statistics (PBS) revealed a staggering 850 per cent increase in gas prices over the past four months, with electricity tariffs also surging under the IMF program. Rising costs of essential commodities, including sugar and palm oil, further drive inflation. Meanwhile, t
An increase in gas prices has driven the annual short-term inflation in Pakistan to above 40 per cent for the first time in over four months, official data showed on Friday, Dawn reported.
Following a significant increase in gas prices by the federal government, there is another news for gas consumers to feel bad about, that is alongside the new price, the consumers will have to pay gas tariff hike from the last four months (July till October), ARY News reported.
For domestic consumers, gas prices are set to surge by up to 172 per cent, with commercial consumers facing a 137 per cent increase, while cement manufacturers will experience a staggering 193 per cent hike starting November 1.
Islamabad [Pakistan], July 9 (ANI): The Shehbaz Sharif government has approved an increase in natural gas prices in the range of 43 per cent to 235 per cent with effect from July 1 to recover 660 billion Pakistani rupees (Pkr) from the majority of domestic and all other categories of consume