Latest petrol price in Pakistan 🥺

Move comes soon after govt unveiled ‘mini-budget’ aimed at meeting the IMF's requirements Share Next Story >>> A worker at a fuel station fills the petrol tank of a motorcycle. — AFP/File A worker at a fuel station fills the petrol tank of a motorcycle. — AFP/File Hours after unveiling a 'mini-budget' for the inflation-hit people, the Pakistan Democratic Movement (PDM)-led government Wednesday announced an increase in the price of petrol for the next fortnight, taking the rate to a historic Rs272 per litre. The price of petrol has been moved up to Rs272 per litre after an increase of Rs22.20, a press release from the Finance Division read Wednesday night, noting that the surge has taken place due to the rupee's devaluation against the dollar. The price of high-speed diesel has been increased to Rs280 per litre after a hike of Rs17.20. Kerosene oil will now be available at Rs202.73 per litre following a Rs12.90 hike. Meanwhile, light diesel oil will be available at Rs196.68 per litre after an increase of Rs9.68. The new prices will come into effect from 12am tonight. Product Existing prices w.e.f 29/1/2023 New prices w.e.f 16/2/2023 Increase Petrol 249.80 272 22.20 High speel diesel 262.80 280 17.20 Kerosene 189.83 202.73 12.90 Light diesel oil 187 196.86 9.68 The increase in the price of petroleum products was one of the preconditions of the Washington-based lender, which will lead to a hike in the already record-high inflation, coupled with the new fiscal measures undertaken through the 'mini-budget'. Senior economist Katrina Ell, associated with Moody's Analytics, had predicted that inflation in Pakistan could average 33% in the first half of 2023 before trending