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.
According to the notification issued by OGRA, the LPG price was increased to Pakistani Rupees (PKR) 10 per kilogram. The new price of LPG has been fixed at PKR 229, as per the ARY News report.
Ishaq Dar made the announcement in a televised address on Sunday. He said that the price of kerosene oil and light diesel oil were increased by PKR 18 per litre.
Islamabad [Pakistan], July 1 (ANI): The prices of petrol in Pakistan have again risen by PKR (Pakistani rupee) 14.84 per litre, a fourth time within a month, local media said.
Islamabad [Pakistan], June 17 (ANI): Markets across Pakistan's Sindh province have been ordered to shut down at 9 pm (local time) to save electricity amid constant power outages in the country.
Islamabad [Pakistan], June 16 (ANI): For the third time in 20 days, Pakistan has increased fuel prices by up to 29 per cent and eliminated fuel subsidies in the country, according to local media.
Islamabad [Pakistan], June 6 (ANI): The prices of petroleum products in Pakistan have risen by a massive PKR 60 per litre in about a week taking them to record levels and there have been arbitrary increases in the prices of necessary items by many traders, local media said.
Karachi [Pakistan], June 5 (ANI): After Prime Minister Shehbaz Sharif-led government again increased the prices of petrol in Pakistan, the political party, Jamaat-e-Islami (JI) staged a protest across Karachi.
Islamabad [Pakistan], April 26 (ANI): Pakistan Finance Minister Miftah Ismail on Monday said that there was "no chance" of an immediate hike in the price of petrol in the next few days but did not rule out the possibility of revising the prices on or after May 1, adding that even if the pric
Islamabad [Pakistan], February 16 (ANI): Pakistan government on Tuesday dropped a "petrol bomb" on the masses by increasing the prices of petroleum products by up to Rs 12.03 per litre.
Islamabad [Pakistan], February 13 (ANI): For the first time in the history of Pakistan, petrol price is expected to cross Rs 150 per litre amid the ongoing financial crisis in the country, state media reported citing sources.