Stay informed with the latest fuel price developments in Pakistan! The outgoing government’s announcement hints at an impending surge in petrol and diesel prices, with an expected increase of Rs7.50 per litre for petrol and Rs2 to Rs2.5 per litre for diesel. Get insights into the economic impact and government considerations. Stay tuned for the official decision on these crucial adjustments effective February 1, 2024.
| Fuel Type | Current Price (Rs/Litre) | Expected Increase (Rs/Litre) |
|---|---|---|
| Petrol | 259.3 | 7.50 |
| Diesel | 276.21 | 2.00 – 2.50 |
The outgoing Pakistani government is set to announce an increase in petrol and diesel prices today, with adjustments taking effect from February 1, 2024. Preliminary indications suggest a potential Rs7.50 per litre increase for petrol and Rs2 to Rs2.5 per litre for diesel. The government, responsible for the official decision, currently imposes various levies and margins on fuel prices. As of today, petrol stands at Rs259.3 per litre, having recently reduced by Rs8, while diesel remains at Rs276.21 per litre. This impending price hike adds to economic concerns, emphasizing the need for careful government deliberation.