Islamabad:
On Friday, the government announced to cut the price of gasoline of the RE1 with effect from today (Saturday). However, the price of high -speed diesel (HSD) remained unchanged.
In Pakistan, fuel prices are reviewed and changed each week on the first and fifteenth of each month respectively.
This time, however, the finance department issued a notification for a change in fuel prices three days before the end of the month.
The price of gasoline was RS255.63 per. Liters, which is now reduced to RS254.63 per liter. Liter. The price of HSD per Liters remain on RS258.64.
On March 15, the government raised the petroleum tax with RS10 per year. Liter – an increase of 17% – to RS70 per Liters, which kept petrol and diesel prices unchanged, while using the available additional tax space to reduce electricity prices by approximately RS1.50 per year. Unit. Despite the increase, it remained ex-depot gasoline price at RS255.63 per year. Liter, while HSD remained on RS258.64 per Liter.
