Due to inflation, which has increased the price of Petrol by 30 rupees, the government is likely to increase prices again. The local currency decreased by PKR 31.71, or 14%, during the previous two days and finished the day at PKR 262.60.
Sources claim that the administration is considering charging petroleum products a 17% GST.
Ishaq Dar, the finance minister, announced a significant increase of Rs 35 in the cost of gasoline and diesel at the end of January.
Following this news, the cost of gasoline was Rs 249.80 and the cost of high-speed diesel was Rs 262.80 per litre.