ISLAMABAD: The caretaker authorities slashed the value of petrol by Rs8 per litre for the subsequent 15 days, offering some aid to the inflation-burdened lots.
In the meantime, a lower of Rs11 has been introduced within the diesel value, after which the brand new fee of the gas can be Rs318.18 per litre.
| Product | Current value w.e.f 16/9/2023 | New value w.e.f 1/10/2023 | Lower |
| Petrol | 331.38 | 323.38 | -8 |
| Diesel | 329.18 | 318.18 | -11 |
The federal government has additionally slashed the speed of kerosene oil by Rs7.53 per litre to 237.28 and lightweight diesel oil by Rs7.77 per litre to 212.45. The brand new costs of petroleum merchandise have taken impact from this midnight.
The Ministry of Finance, in an announcement, mentioned the choice to convey down the value of petroleum merchandise was taken after the Pakistani rupee gained worth and POL charges dropped globally.
“Within the wake of variations in worldwide costs of petroleum merchandise and the advance within the trade fee, the Authorities of Pakistan has determined to revise the patron costs of petroleum merchandise,” the ministry mentioned.
The costs of the commodities final witnessed a lower in mid-July when petrol was dropped by Rs9 per litre to Rs253 and diesel by Rs7 to Rs253.50.
