Pakistan Petrol, Diesel Costs Go Past Rs 250 Per Litre–Hassle Far From Over For Residents As Pak Govt Hikes Gasoline Worth | Financial system Information

New Delhi: Bringing additional hassle to the residents already reeling beneath excessive inflationary strain, the Shehbaz Sharif authorities has introduced recent spherical of gas worth hikes,  native media has reported.

The Pakistan authorities has elevated petrol costs by PKR 4.80 per liter and diesel by PKR 7.95 per liter, efficient instantly for the subsequent fortnight. Following the brand new spherical of gas worth hike, the value of high-speed diesel might be PKR 262.59 per liter, whereas the value of petrol will now be PKR 258.43 per liter in Pakistan.

Previous to this hike, the Pakistan authorities had on Could 31 elevated the value of petrol by Rs 1 per liter whereas diesel costs had remained the identical. The most recent spherical of gas worth hike is the Pak authorities common gas worth adjustment. 

Pakistan Finance Minister Muhammad Aurangzeb on June 10 offered the PKR 17,573 billion fiscal finances 2025-26 within the Nationwide Meeting. He additionally offered the finances doc as a finance invoice within the Nationwide Meeting. The neighboring nation, amid tensions with India, has hiked its defence finances by 20 % at Rs 2,550 billion (USD 9 billion) for FY25-26.