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Govt announces increase in petrol price by Rs30

By FD News
Posted on May 27, 2022
2 min read

ISLAMABAD, May 27(ABC): Finance Minister Miftah Ismail announced Thursday a massive hike in the price of petroleum products after the International Monetary Fund (IMF) emphasised abolishing the subsidies on commodities.

In a press conference, the finance minister said the government has decided to hike the price of petrol, diesel, kerosene oil, and light diesel by Rs30, effectively from May 27.

New prices (per litre):

  • Petrol — Rs179.86
  • Diesel — Rs174.15
  • Kerosene oil — Rs155.56
  • Light diesel — Rs148.31

Author

  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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