The authorities have increased the prices of the petroleum products as Pakistan-IMF deal for revival of stalled programme comes near


Islamabad: The federal government jacked up petrol prices for the next fifteen days on Wednesday night.
The development took place at the moment when Prime Minister Shehbaz Sharif said that the deal with the International Monetary Fund (IMF) would be done within next few days. The increase in prices of the petroleum products is one of the main conditions of the Fund.
According to the notification issued by the Ministry of Finance, Petrol per litre price was increased by Rs5, High Speed Diesel was increased by Rs13, Kerosene per litre was jacked up by Rs2.56 and no increase was made in the price of the Light Diesel.
The new price of per litre petrol would be now Rs272, High Speed Diesel Rs293, Kerosene would be at 190.29 per litre while Light Diesel would be available at Rs184.68.
Price of Petrol increased by Rs5 and diesel by Rs13 per litre. pic.twitter.com/jnbNq6K83m
— Mubarak Zeb Khan (@mubarakzebdawn) March 15, 2023
The increase in the petroleum prices would cause more burden on the general masses already suffering from sky-rocketing inflation. The transporters would increase the fares soon after this decision, and would impact the general masses. Subsequenty, the prices of the edibles and goods of daily use would go up in the local markets.

Why are men so much more right-wing than women now?
- 12 minutes ago

Mobley, Hunter TBD for Game 2; 'real concern'
- an hour ago

Trump’s new plan for student loans, briefly explained
- 12 minutes ago

Apple files appeal to wrest back control of its App Store
- 2 hours ago

Welcome to the May issue of The Highlight
- 12 minutes ago

Poker Face’s formula wasn’t broke, so Rian Johnson didn’t want to change it
- 2 hours ago

Stanley Cup playoffs daily: Round 2 begins with Maple Leafs-Panthers Game 1
- an hour ago

Indian reports of Pakistan’s attack in IIOJK are ‘fake’, say security sources
- 9 hours ago

Why the Karen Read retrial might end differently this time
- 11 minutes ago

The real problem with vaping
- 12 minutes ago

Pakistan to avenge blood of innocent civilians, NA told
- 9 hours ago

The AI wearables are always listening
- 2 hours ago