Petrol price hiked by Rs 24 in a single day in Pakistan, new price Rs 233 per liter

- This is the third such increase in Pakistan in the last 20 days

Islamabad, Ta. Thursday, June 16, 2022

In Pakistan, the price of a liter of petrol has reached Rs 233.89. In Pakistan, which is facing an economic crisis, petrol price has been hiked by Rs 24 per liter in a day. On the other hand, the price of diesel has gone up by Rs 16.31 to Rs 263.31 per liter. The Pakistani government announced this on Wednesday. This is the third such increase in Pakistan in the last 20 days. Addressing a press conference in Islamabad, Pakistan's finance minister said the new prices came into effect from midnight on June 15.

Meanwhile, the price of kerosene will go up by Rs 29.49 to Rs 211.43. The price of light diesel will go up by Rs 29.16 to Rs 207.47. Finance Minister Ismail said the government had no choice but to take the impact of international prices on consumers in Pakistan.

Rate increased 3 times in 20 days

The Pakistani government has hiked petrol prices by more than Rs 84 per liter in the last 20 days. Explaining one more reason for the rise in prices of petroleum products, the minister said that the international price of petrol was 120 120 per liter.

"Our country is still facing losses of Rs 24.03 in petrol, Rs 59.16 in diesel, Rs 29.49 in kerosene and Rs 29.16 in light diesel oil," he told a press conference. He said the government was spending Rs 120 billion on petrol subsidy. "I have been watching the country for 30 years but I have never seen such a situation due to inflation," he said.

Advise citizens to drink less tea

Food prices continue to rise in Pakistan, which is going through a difficult economic situation. Pakistan, meanwhile, has now urged its citizens to reduce their use of tea.

2 month ban on import of 41 items

The Pakistani government recently imposed a two-month ban on imports of 41 items to reduce its import costs. However, the import ban did not add much to the treasury. This has helped Pakistan to reduce its import bill by about 60 600 million.