Economy

Price of Petrol to Remain Unchanged Till June 30

The federal government has decided to keep the prices of both petrol and high-speed diesel (HSD) unchanged till June 30.

The decision regarding the prices was announced by Finance Minister Ishaq Dar in a televised address. The prices of petrol and HSD will continue to be Rs. 262 per liter and Rs. 253 per liter, respectively.

At the last fortnightly review of prices of petroleum products, the government reduced the price of petrol by Rs. 8 per liter while the price of high-speed diesel was slashed by Rs. 5 per liter.

The cut in prices was the second consecutive decrease as the government had cut the price of petrol and high-speed diesel by Rs. 12 and Rs. 30 per liter respectively at the previous review as well.

Cumulatively, the last two adjustments resulted in a decrease of Rs. 20 per liter in the price of petrol while the decrease in the price of high-speed diesel came to Rs. 35 per liter.

Source: Pro Pakistani