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Govt announces Rs 30 increase in petrol and diesel prices

The new prices of petrolum products will be applicable from mid-night 27 May

Finance Minister Miftah IsmailFinance Minister Miftah Ismail | OyeYeah News
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Government announces Rs 40 increase in petrol and diesel price!

The latest increase in petroleum product prices aligns with the International Monetary Fund (IMF) emphasizing the government to abolish the subsidies on essential commodities.

Finance Minister Miftah Ismail announced the decision in a press conference on Thursday. 

He said that the government has decided to increase the prices of petroleum products which will be taken into effect tonight at 12:00 midnight.

After the hike, the price of petrol will be at Rs179.86, diesel at Rs174.15, kerosene oil at Rs155.56, and light diesel at Rs148.31.

New prices (per litre):

  • Petrol — Rs179.86
  • Diesel — Rs174.15
  • Kerosene oil — Rs155.56
  • Light diesel — Rs148.31

 

The Finance minister also shared the development in a tweet following the presser.

 

the authorSaman Siddiqui
Saman Siddiqui, A freelance journalist with a Master’s Degree in Mass Communication and MS in Peace and Conflict Studies. Associated with the media industry since 2006. Experience in various capacities including Program Host, Researcher, News Producer, Documentary Making, Voice Over, Content Writing Copy Editing, and Blogging, and currently associated with OyeYeah since 2018, working as an Editor.