The federal government on Tuesday (today) delayed their decision to increase the petrol price in Pakistan from tomorrow.
Petrol price in Pakistan was going to increase from May 1. However, the government delayed the decision as revealed by Special Assistant to Prime Minister on Information Firdous Ashiq Awan.
Earlier, OGRA recommended increasing Petrol price in Pakistan by Rs 14.37 per liter from May 1. In a recent summary, OGRA proposed a hike of Rs 4.89 per liter in the price of high speed diesel. Sources said body has recommended a price hike of Rs 7.46 per liter in kerosene oil and Rs 6.40 per liter in light diesel oil prices.
The decision had come after price of international crude rose by less than 2 percent over the previous month. Last month, the government increased the per liter price of petrol and high speed diesel by Rs 6 to Rs 98.89 and Rs 117.43 respectively, and of light speed diesel and kerosene oil by Rs 3 to Rs 80.54 and Rs 89.31 per liter respectively.
On the other side, the prices of petrol and diesel are already at their highest level since July 2018.