Petrol Costs in Pakistan Decreased by Rs. 40 Per Liter
October 16, 2023: For the subsequent two weeks, the caretaker authorities beneath Prime Minister Anwaarul Haq Kakar has diminished the value of gasoline by Rs. 40 per liter and high-speed diesel by Rs. 15.
The finance ministry introduced that the federal government has determined to regulate the costs of petroleum merchandise. This determination was made as a result of the costs of petroleum have been reducing within the international market and the Pakistani rupee has been strengthening towards the US greenback.
New Petrol Costs in Pakistan
The worth of petrol has decreased considerably to Rs. 283.80 per liter, whereas the value of high-speed diesel is now Rs. 303.18 per liter.
The notification additionally talked about that the brand new costs will begin at midnight tonight, October 16, and can proceed till October 31. The momentary authorities diminished the value of petrol by Rs 8 per liter and high-speed diesel by Rs 11 per liter for the subsequent two weeks.
The ministry issued a notification stating that on account of modifications within the international value of petroleum merchandise and an enchancment within the trade fee, the federal government has determined to regulate shopper costs. After the lower, the value of petrol is now Rs 323.38 per liter, whereas the value of HSD is Rs 318.18 per liter.
| Merchandise | Current value | New value | lower |
| Petrol | 323.38 | 283.38 | -40 |
| Excessive-Velocity Diesel (HSD) | 318.18 | 303.18 | -15 |
Breaking: Petrol value diminished by 40Rs/litre in Pakistan.#PetrolDieselPrice pic.twitter.com/965JLE14GK
— ZAMAN 🇵🇸 (@zamannx) October 15, 2023
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