ISLAMABAD: Finance Minister Ishaq Dar announced on Sunday that the price of petroleum products in the country would remain unchanged for the next fortnight — till January 31.
In his video address, the finance minister said the prices will remain the same from January 16-31 — a move that might invite criticism from the International Monetary Fund (IMF).
Commodity
Existing prices w.e.f 16.01.2023
New prices w.e.f 31.1.2023
Increase/Decrease (in rupees)
Petrol Rs214.80 Rs214.80
Diesel Rs227.80 Rs227.80
Kerosene Oil Rs171.83 Rs171.83
Light Diesel Oil Rs169 Rs169
It should be noted that in the second quarter (October- December) of the fiscal year 2022-23, the prices cumulatively declined by:
Rs22.63 per litre in petrol price
Rs19.63 per litre in the price of high-speed diesel
Rs28.28 per litre in the price of light diesel oil
Rs30.19 per litre in the price of kerosene oil
The government last slashed prices of petroleum products by up to Rs10 per litre on December 15.
Read more: Vote count underway as polling ends in Sindh LG polls phase-2
