The federal government on Friday announced an increase in the price of diesel by Rs 7.50 per liter while maintaining the current price of petrol for the next two weeks.
Finance Minister Ishaq Dar shared the upgraded prices of petroleum products in a video statement.
In an effort to ease the burden on the public, the finance minister said that there would be no change in the price of petrol, ensuring price stability.
Dar added that the decision to adjust the prices was taken after consultation with the Prime Minister keeping in mind the recommendations made by the Oil and Gas Regulatory Authority (OGRA) to keep the prices at a minimum.
“These revised prices will come into effect from midnight tonight and will be applicable for the next 15 days,” he said.
It may be noted that OGRA had submitted the proposed prices of petroleum products to the Finance Ministry for the next fortnight. This decision shows the intention of the government to provide relief to the people.
