KV Network

Crisis-hit Pakistan government set to hike petrol price for next fortnight

Crisis-hit Pakistan government set to hike petrol price for next fortnight
Decrease Font Size Increase Font Size Text Size Print This Page

Islamabad, Apr 15 (PTI) The cash-strapped Pakistan government is set to hike the prices of petroleum products by Rs 10-14 per litre during the next fortnight, further burdening the people who are hit by skyrocketing inflation, a media report said on Saturday.

The federal government may increase the price of petroleum products attributing to rising oil prices in global markets, The News International quoted the industry sources as saying.

The increase can jump up to Rs 14 per litre if the government also adjusts the exchange rate losses, unlike the previous review when the authorities didn’t pass on the impact of rupee devaluation to the masses.


KV Network

Kashmir Vision cover all daily updates for the newspaper

Leave a Reply

Your email address will not be published. Required fields are marked *