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The government increased the petrol price by Rs26.02 per litre on Friday, a decision which was due as the government revises the fuel prices every 15 days.
“Owning to the increasing trend of petroleum prices in the international market, the government has decided to revise the existing consumer prices of petroleum prices,” said the finance ministry’s press release.
Unlike in the past, the caretaker government did not announce the fuel rate in a live address to the nation.
— Ministry of Finance (@FinMinistryPak) September 15, 2023
After such a massive hike, the new rate of petrol is Rs331.38. Moreover, the new rate of high speed diesel is Rs329.18 after an increase of Rs17.34.
