The government on Friday increased the prices of petroleum products by Rs4 per litre. The price of petrol has reached to Rs144.82 and diesel Rs141.62 per litre. The increase has been announced to meet the petroleum levy target agreed with the International Monetary Fund (IMF). The increase in petrol prices will come into effect from January 1 (today).

Pakistan Peoples Party (PPP) Chairperson Bilawal Bhutto Zardari has reacted to the news of increase in petrol prices. “Imran Khan given new year gift to public by increasing the price of petrol,” the PPP chairman said in a statement.

“Imran Khan claimed that 2021 would be the year of prosperity, but 2022 has arrived, where have the claims gone.”