The federal government has declared to increase the cost of petrol by Rs2.31 per liter throughout Pakistan on Thursday, in accordance with a press release from the Prime Minister House.
Based on the press release, PM Imran Khan rejected the proposal forwarded to him by the Oil and Gas Regulatory Authority (OGRA) which had suggested an enhancement within the cost of petrol by Rs10.68 per liter.
OGRA had additionally suggested an enhancement within the cost of diesel by Rs8.37 per liter. Nonetheless, the PM House stated that the PM had rejected the recommendations and as a substitute, accepted an enhancement within the costs of petrol and diesel by Rs2.31 per liter and Rs1.80 per liter respectively.
The PM House stated that OGRA had suggested an enhancement in costs of different petroleum merchandise corresponding to kerosene oil by Rs10.92 per liter and light diesel by Rs14.87. Nonetheless, the PM accepted an increase within the cost of kerosene oil by Rs3.36 and admit to enhance within the cost of light diesel by Rs3.95.
Petrol will now be applicable for Rs106 per liter whereas diesel might be applicable for Rs110.24 per liter.
The brand new cost of kerosene oil is Rs73.65 per liter and light diesel oil might be accessible for Rs71.81. The brand new costs are applicable from midnight tonight until January 15.