Pakistan Petrol Prices

Pakistan could face a fresh burden of inflated petrol rates in the upcoming fortnightly review of petroleum prices, Geo News reported on Saturday.

Amid growing economic challenges, Pakistan on Friday announced another hike in the prices of petrol and high-speed diesel.

The prices of petrol and diesel in Pakistan have crossed Rs 300 mark for the first time in the nation's history.

Hours after unleashing a tax-loaded mini-budget, Pakistan on Wednesday night hiked up the prices of petrol and gas to a historic high in a bid to appease the International Monetary Fund for unlocking the critical loan tranche, reported Geo News.

Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.

Rising inflation in Pakistan, accelerating to 27.3 per cent in August -- a 47-year high -- can trigger "social protest and instability" in the cash-strapped country, the International Monetary Fund (IMF) has warned.

Pakistan Prime Minister Shehbaz Sharif on Friday said his government's move to increase fuel prices was necessary to avoid the country from facing bankruptcy.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

Former Pakistan Prime Minister Imran Khan yet again slammed the Shehbaz Sharif government after the federal government hiked the petrol and diesel prices by PKR 30 per litre.

The Pakistan government Thursday announced to increase the prices of petroleum products by Rs 30 per litre, with the hike set to go into effect at midnight.

After he shared a video of a snow leopard on Twitter, Pakistan Prime Minister Imran Khan is being trolled on social media by netizens who are demanding that Mr Khan should also post a video highlighting skyrocketing petrol, gas and electricity prices

The price of milk has gone out of control across major cities of Pakistan on the day when Muharram is observed, according to Pakistani media reports. The price of milk has reached Rs 140 per litre in Karachi and the Sindh Province.

Petrol price of Rs 63.16 per litre in Delhi is more than Rs 44.05 per litre rate of the fuel in Pakistan and Rs 54.75 in Sri Lanka. However, it is cheaper than Rs 76.97 per litre price in Bangladesh and Rs 68.13 a litre in Nepal.

 While Indians grapple to limit their expenses on rising fuel prices, neighbouring country Pakistan has reduced petrol prices by Rs 3 per litre, diesel by Rs 2.01 and light speed diesel by Rs 1.13, media reports said. The Oil and Gas Regulatory Authority on Thursday announced reduction in the prices of petroleum products, reported the A...

Pakistan could face a fresh burden of inflated petrol rates in the upcoming fortnightly review of petroleum prices, Geo News reported on Saturday.

Amid growing economic challenges, Pakistan on Friday announced another hike in the prices of petrol and high-speed diesel.

The prices of petrol and diesel in Pakistan have crossed Rs 300 mark for the first time in the nation's history.

Hours after unleashing a tax-loaded mini-budget, Pakistan on Wednesday night hiked up the prices of petrol and gas to a historic high in a bid to appease the International Monetary Fund for unlocking the critical loan tranche, reported Geo News.

Cash-strapped Pakistan announced a 35 rupees increase in the prices of petrol and diesel, days after its currency depreciated to its lowest against the US dollar in the interbank and open market.

Rising inflation in Pakistan, accelerating to 27.3 per cent in August -- a 47-year high -- can trigger "social protest and instability" in the cash-strapped country, the International Monetary Fund (IMF) has warned.

Pakistan Prime Minister Shehbaz Sharif on Friday said his government's move to increase fuel prices was necessary to avoid the country from facing bankruptcy.

The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.

Former Pakistan Prime Minister Imran Khan yet again slammed the Shehbaz Sharif government after the federal government hiked the petrol and diesel prices by PKR 30 per litre.

The Pakistan government Thursday announced to increase the prices of petroleum products by Rs 30 per litre, with the hike set to go into effect at midnight.

After he shared a video of a snow leopard on Twitter, Pakistan Prime Minister Imran Khan is being trolled on social media by netizens who are demanding that Mr Khan should also post a video highlighting skyrocketing petrol, gas and electricity prices

The price of milk has gone out of control across major cities of Pakistan on the day when Muharram is observed, according to Pakistani media reports. The price of milk has reached Rs 140 per litre in Karachi and the Sindh Province.

Petrol price of Rs 63.16 per litre in Delhi is more than Rs 44.05 per litre rate of the fuel in Pakistan and Rs 54.75 in Sri Lanka. However, it is cheaper than Rs 76.97 per litre price in Bangladesh and Rs 68.13 a litre in Nepal.

 While Indians grapple to limit their expenses on rising fuel prices, neighbouring country Pakistan has reduced petrol prices by Rs 3 per litre, diesel by Rs 2.01 and light speed diesel by Rs 1.13, media reports said. The Oil and Gas Regulatory Authority on Thursday announced reduction in the prices of petroleum products, reported the A...