The federal government of Pakistan is gearing up to raise the prices of petroleum products following the recent hike in power tariffs.
According to sources, preparations have been completed to implement the price increases starting from February 29.
It is anticipated that the price of petrol will rise by Rs4.50 per liter, while diesel may see an increase of Rs2.50.
Additionally, the price of Kerosene oil could go up by Rs2.92 per liter, while light diesel oil prices are expected to remain unchanged.
The current price of crude oil in the Brent oil market stands at $82.52 per barrel.
The Oil and Gas Regulatory Authority (OGRA) is set to submit a summary of the proposed price hike to the Ministry of Petroleum on February 29. The Finance Minister will announce the new prices after consultation with the Prime Minister, and these adjustments will be effective from March 1 to 15.
A government committee tasked with streamlining administrative operations has recommended a 30% reduction in the…
Punjab Chief Secretary Zahid Akhtar Zaman has called for the implementation of a paperless human…
Pakistan is set to make history at Heimtextil 2025, the world’s leading trade fair for…
As the New Year approaches, Daraz Pakistan will be helping consumers turn their New Year…
The Sindh government is advancing plans to invigorate economic activities through a mega construction project…
The Board of Intermediate Education Karachi (BIEK) has announced the results of the 2024 annual…
This website uses cookies.
