According to the announcement, the price of petrol, high-speed diesel (HSD), kerosene oil, and light diesel oil (LDO) will rise by Rs. 30 per liter, with effect from May 27, 2022. The price of petrol in Pakistan will rise to Rs. 179.86 per liter, while the Petrol Prices in Pakistan of high-speed diesel (HSD) will fall to Rs. 174.15 per liter.Meanwhile, after an Rs. 30 per liter increase, the price of kerosene oil will be Rs. 155.56 per liter, and the price of light diesel oil (LDO) will be Rs. 148.31 per liter for both petroleum products.
Petrol Prices From 27 May 2022
The Finance Minister went on to say that the government was still losing money despite the massive increase in petrol prices in Pakistan. He went on to say that as the price of these commodities rises, the financial markets will become more stable, the rupee will strengthen, and the economy will benefit.However, he stated that there would be an increase in inflation due to the increase in petrol prices in Pakistan, adding that there was no other option at this time. According to Ismail, former Prime Minister Imran Khan broke the IMF deal by announcing petroleum product subsidies.He also announced the decision on Twitter. \”From Friday, May 27, 2022, the government has decided to raise the prices of Petrol, High Speed Diesel, Kerosene Oil, and Light Diesel Oil by Rs 30 per litre,\” he tweeted, adding that the new prices will take effect at midnight.From Friday, May 27, 2022, the government has decided to raise the price of petrol, high-speed diesel, kerosene oil, and light diesel oil by Rs 30 per liter. At 12 a.m., the new prices will take effect. Petrol will cost Rs 179.86 per liter, while diesel will cost Rs 174.15.Netizens React To Bathroom Bucket Being Sold for Rs67,000Man Receives An E-Ticket Fine On His Motorcycle Stolen 8 Years Ago
Petrol Prices in Pakistan
PRODUCT | CURRENT PRICE (PKR) | NEW PRICE (PKR) | Change (PKR) |
|---|---|---|---|
Petrol | 149.86 | 179.86 | +30.00 |
High Speed Diesel (HSD) | 144.15 | 174.15 | +30.00 |
Kerosene Oil | 125.56 | 155.56 | +30.00 |
Light Diesel Oil (LDO) | 118.31 | 148.31 | +30.00 |
The Finance Minister went on to say that the government was still losing money despite the massive increase in petrol prices in Pakistan. He went on to say that as the price of these commodities rises, the financial markets will become more stable, the rupee will strengthen, and the economy will benefit.However, he stated that there would be an increase in inflation due to the increase in petrol prices in Pakistan, adding that there was no other option at this time. According to Ismail, former Prime Minister Imran Khan broke the IMF deal by announcing petroleum product subsidies.He also announced the decision on Twitter. \”From Friday, May 27, 2022, the government has decided to raise the prices of Petrol, High Speed Diesel, Kerosene Oil, and Light Diesel Oil by Rs 30 per litre,\” he tweeted, adding that the new prices will take effect at midnight.From Friday, May 27, 2022, the government has decided to raise the price of petrol, high-speed diesel, kerosene oil, and light diesel oil by Rs 30 per liter. At 12 a.m., the new prices will take effect. Petrol will cost Rs 179.86 per liter, while diesel will cost Rs 174.15.Netizens React To Bathroom Bucket Being Sold for Rs67,000Man Receives An E-Ticket Fine On His Motorcycle Stolen 8 Years Ago