Latest Petrol Price in Pakistan. He agreed that the increase in gasoline prices will have the greatest impact on the lower-income segment of society, but added that the price of oil has also skyrocketed on the worldwide market. In response to a question, the finance minister stated that he hoped to reach a deal with the IMF in June, but that the government still needed to implement some reforms.
“Because the IMF wants to see our budget, the reforms we want to implement will be implemented prior to the budget. We do, however, communicate with the IMF on a daily basis “he stated Ismail claimed the price hike was unavoidable because he needed to reach an agreement with the IMF since ex-finance minister Shaukat Tarin had “tied the government’s hands” with the IMF deals he signed during his time.
Latest Petrol Price in Pakistan
ISLAMABAD: Finance Minister Miftah Ismail stated on Thursday that the federal government had decided to raise the price of gasoline to Rs209.86 per litre.
The finance minister told a press conference in Islamabad that Prime Minister Shehbaz Sharif has approved an Rs30 per litre increase in petrol, diesel, and light diesel prices. The price of kerosene oil, on the other hand, has risen by Rs26.38 per litre.
The only product that isn’t costing the government money is kerosine oil. However, we are losing Rs8 per litre of light diesel, Rs9 per litre of petrol, and Rs23 per litre of high-speed diesel “Ismail stated.
Latest Petrol Price
The price of petrol would change at Rs180.82 per litre, while the price of diesel will remain changed at Rs 209.86 per litre, according to the statement.
Current prices of petroleum products
| Product | Existing price | Increase/(-) Decrease |
| Petrol | Rs209.86 | 60 Rupees Increase |
| Diesel | Rs204.15 | 60 Rupees Increase |
| Kerosene oil | Rs181.94 | Increase |
| Light diesel oil | Rs148.00 | Increase |
