The Oil and Gas Regulatory Authority (OGRA) has suggested an increase in the price of petroleum products, sources said Monday, citing a summary forwarded to the Finance Division.
The price of petrol is expected to rise by Rs4.20, while an increase of Rs3.50 is expected in diesel's rates, sources said.
|Product||Current rate||Expected rate from June 16|
However, Prime Minister Imran Khan will make the final call to hike the prices.
The joint venture is a vindication of the Ministry of Commerce’s “Make-in-Pakistan policy", says the adviser
Sales tax on petrol has been kept unchanged at 10.54%
Besides petrol, an increase in other petroleum products will also be enforced starting September 16
CPI inflation clocks in at 8.4% year-on-year compared to 8.21% in August 2020
Govt also notifies reduced prices for high speed diesel, kerosene and light diesel oil
OGRA proposes decreasing price of diesel by Rs5