For the first time in the history of the country, the price of petrol went above Rs. 150

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For the first time in the history of the country, the price of petrol has gone above Rs 150. According to details, the federal government announced an increase in the prices of petroleum products. According to media reports, the government, while approving the summary of the Ministry of Finance, announced to increase the price of petrol by more than Rs. According to the government decision, the price of petrol has been increased by 12 rupees 03 paise per liter, high speed diesel by 9 rupees 53 paise, kerosene by 10 rupees 8 paise and light speed diesel by 9 rupees 43 paise. went.

The new price of petrol was fixed at Rs 159.86 per liter, light speed diesel at Rs 123.97 per liter, high speed diesel at Rs 154.15 per liter and kerosene at Rs 126.56 per liter.

The new prices will take effect tonight at 12 noon. Earlier on Tuesday evening, Prime Minister Imran Khan received a summary of increase in prices of petroleum products from OGRA, in which it was recommended to increase petrol by Rs12.3 paisa and diesel by Rs9.53 paisa per liter.

Media reports claimed that the summary was sent back to the finance ministry on the instructions of the prime minister, but now the finance ministry's summary has been approved. It may be recalled that the Finance Ministry had suggested to the Prime Minister that the price of petrol be increased by Rs 12 per liter and diesel by Rs 9.53 per liter. The Ministry of Finance has taken the position that the price of oil in the world market has increased drastically, while the government is not even collecting sales tax on petrol at the moment, the Ministry of Finance has increased the price of petrol due to IMF conditions. Suggested

On Tuesday, Federal Minister for Information and Broadcasting Fawad Chaudhry said in a media briefing after the meeting of the Federal Cabinet that there is no option but to increase the prices of petroleum products, the decision to increase oil prices will be made by the Ministry of Finance However, due to tensions between the United States and Europe over Ukraine, oil prices have risen in the world market. How long can Pakistan stop the rise in prices?

Location: Pakistan

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