The new price of petrol is now PKR 272.89 per litre from the previous price of PKR 259.34, according to a notification from the Finance Division. The price of high-speed diesel (HSD) was increased by PKR 2.75 to PKR 278.96 per litre.
It reported citing a notification from the Pakistan Ministry of finance, the new prices of petrol are PKR 267.34 and PKR 276.21 for HSD. The State Bank reported the dollar had settled at PKR 283.51 on Thursday after losing against the local currency. Dealers said the market stayed calm even
"Today, we are working hard to become a developed nation. For this, a government which gives priority to development is needed in Rajasthan. Nothing is more important than corruption and familial politics for Congress. This party doesn't think of anything other than appeasement politics,"
Union Minister Hardeep Singh Puri on Saturday said petrol will be cheaper by at least Rs 11.80 per litre in Rajasthan if the BJP is elected in the November 25 Assembly elections.
The Jamaat-e-Islami (JI) on Wednesday announced the schedule of a sit-in in Lahore against the rising inflation, Pakistan-based ARY News reported. The JI will begin its three-day sit-in in Lahore on Thursday, with the party workers gathering outside the governor's house from Al-Hamra hall.
Business leaders on Saturday said the massive increase in prices of petroleum products would further fuel inflation, intensify miseries for the common man and create serious issues for the industry due to the unbearably high cost of doing business.
Pakistan Tehreek-e-Insaf (PTI) criticised the caretaker government for its decision and said the price hike appeared to be "a conspiracy to inflame civil war in the country” as people have already lost their purchasing power due to inflation.