The government is likely to increase the prices of petroleum products by Rs10 for the next month in line with the rising rates in the international market, according to Geo News’ sources.
The price of petrol will move up by Rs7 per litre while the rate of diesel will increase by Rs10 per litre. The existing price of petrol is Rs147.83 and diesel costs around Rs144.
However, the official announcement is yet to be made but as per the news outlet, the final decision will be made on January 30.
Previously, an increase of Rs3 in petroleum products was implemented on January 16.
Despite growing inflation in the country, for the ease of public, the government has planned to launch Ehsaas Petrol Cards for motorcyclists to enable them to buy petrol at a subsidised rate.