The Finance Minister attributed this price hike to two main factors: the global increase in petroleum prices and the devaluation of PKR against the US dollar. Additionally, the price of kerosene oil has been raised from Rs. 180.29 per liter to Rs. 186.07, an increase of Rs. 5.78. On the other hand, the price of light diesel oil has been maintained at Rs. 174.68 per liter by adjusting government dues, as per the Finance Minister.
The government’s decision is expected to receive mixed reactions from the public, who are already grappling with the rising cost of living. A press release issued by the Finance Division displays the latest petroleum prices.
Businessmen dealing in bilateral trade between Pakistan and Afghanistan while mentioning noticeable decline in trade volume and Afghan Transit Trade...
Mansha Pasha, the wife of a prominent Pakistani rights activist and lawyer says her husband has been 'abducted' from Karachi...
In light of the coalition government's decision to discontinue the $6.5 billion International Monetary Fund (IMF) program without concluding all...
The National Disaster Management Authority (NDMA) has issued a cautionary statement concerning the potential consequences of light to moderate rainfall...
Copyright © 2013 MediaBites.
