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Petrol Diesel Rates in Pakistan: India’s neighboring countries of pakistan The economic situation is getting worse. The people of Pakistan are facing record inflation. The Government of Pakistan increases the prices of goods every day, now the Government of Pakistan has increased the prices of fuel. There has been a huge increase in the prices of petrol and diesel in Pakistan and it is affecting the people of Pakistan.
How much has the price of petrol and diesel increased in Pakistan?
The Government of Pakistan has increased the price of petrol by Rs 26 2 paise, while the price of diesel has increased by Rs 17 34 paise. Due to rising prices of petrol and diesel, the people of Pakistan are facing the brunt of inflation. The Government of Pakistan promised to provide relief to the public from inflation. But even after that, the prices of goods are not decreasing but on the contrary they are increasing.
What are the new prices of petrol and diesel now?
Last week, the Economic Coordination Committee (ECC) had approved an increase in margins for petroleum dealers and oil marketing companies. The government has approved an increase of Rs 3.5 per liter in the sales margin of petrol and diesel in Pakistan. Now due to the recent increase in fuel price by the government, the new price of petrol has become Rs 331 38 paise per liter. At the same time, the price of diesel has increased to Rs 329 18 paise per liter.
What warning from Pakistan government?
ECC has approved the increase in petrol and diesel sales margins. In such a situation, there is a possibility of further increase in the prices of petrol and diesel. The Pakistan government had already warned that the prices of petrol and diesel would increase. The government said that as the prices of goods are continuously increasing globally, inflation is also increasing in Pakistan.
Pakistan has been struggling with economic crisis for some years. Retail goods are also being sold at higher prices. Although there has been some relief from the IMF’s bailout fund, there has not been much change in inflation.
Food inflation rate at 38.5 percent
Pakistan is continuously struggling with inflation. Inflation rate in Pakistan has reached double digits. In August, the inflation rate here was 27.38% on an annual basis. Due to increase in food prices, food inflation rate in Pakistan has reached 38.5 percent. A year ago in August it was 6.2%.
