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Govt maintains status quo on price of petroleum products

Pakistan Jan, 16 2023
Govt maintains status quo on price of petroleum products
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ISLAMABAD: Finance Minister Ishaq Dar announced Sunday that the price of petroleum products in the country would remain unchanged for the next fortnight - till January 31.

In his video address, the finance minister said the prices will remain the same from January 16-31 - a move that might invite criticism from the International Monetary Fund (IMF). It should be noted that in the second quarter (October- December) of the fiscal year 2022-23, the prices cumulatively declined by:

Rs22.63 per litre in petrol price

Rs19.63 per litre in the price of high-speed diesel

Rs28.28 per litre in the price of light diesel oil

Rs30.19 per litre in the price of kerosene oil

The government last slashed prices of petroleum products by up to Rs10 per litre on December 15.

Published in The Daily National Courier, January, 16 2023

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