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Govt has increased the Petrol prices by Rs. 30/litre

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Finance Minister Miftah Ismail announced a hike in the price of petroleum products after the International Monetary Fund (IMF) emphasized the termination of subsidies to revive the bailout program.

In a press conference, the finance minister explained that the decision was taken in order to ensure the revival of the IMF programme.

After the increase, the new prices are as follows:

Petrol — Rs179.86

Diesel — Rs174.15

Kerosene oil — Rs155.56

Light diesel — Rs148.31

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