petrol
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Has govt increased petrol price in Pakistan?
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[ad_1] A man fills the fuel tank of a car. — AFP/File Following a reduction in international crude oil prices, a viral notification — allegedly issued by the Finance Division — saying that petrol prices had increased was declared to be “fake”, the Ministry of Information and Broadcast (MOIB) said. The notification stated the costs…
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Petrol price in Pakistan expected to drop in next fortnightly review
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[ad_1] Petrol price and litres displayed on a digital screen at a petrol pump in Karachi, on March 17, 2023. — The News The rates of petroleum products in Pakistan are expected to decline from April 1, Geo News reported Wednesday, following a reduction in international crude oil prices. The price of diesel is likely…
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IMF ‘not consulted’ on petrol subsidy
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[ad_1] The headquarters of the International Monetary Fund in Washington DC. — AFP/File International Monetary Fund’s (IMF) Resident Representative for Pakistan Esther Perez Ruiz said the global lender was not consulted by Islamabad before it planned to increase fuel costs for wealthier drivers in order to pay for a subsidy for the country’s lower-income population,…
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How will govt provide Rs100 subsidy on petrol?
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[ad_1] An employer of a petrol pump fills the fuel tank of a bike in Karachi, on March 17, 2023. — TheNews In a major move to provide relief to the inflation-hit masses, the federal government on Monday decided to subsidise petrol up to Rs100 to motorcyclists and owners of vehicles up to 800cc. The…
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Govt offers Rs50 per litre petrol subsidy to motorcyclists, small car owners
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[ad_1] A view of Motorists standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 1, 2023. — Online LAHORE: In a surprise relief to the inflation-hit masses, Prime Minister Shehbaz Sharif on Sunday said people belonging to the low-income sector would be given a subsidy of Rs50 per litre…
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PM announces petrol relief package for motorcyclists | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif announced on Sunday that low-income individuals will receive a petroleum subsidy of Rs50 per litre as part of a relief package. The subsidy will be available to those who own motorcycles, rickshaws, 800cc cars, and other small vehicles. During a review meeting on the relief package, the premier emphasised…
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Govt jacks up petrol price by Rs5 | The Express Tribune
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[ad_1] ISLAMABAD: Owing to the increase in oil prices in the international market and depreciation of the Pakistani rupee, the federal government on Wednesday raised the price of petrol by Rs5 per litre effective immediately. “In the last fortnight, Platts Singapore prices registered an increase. This along with a depreciation of Pak Rupee has resulted in…
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Govt slashes petrol price by Rs5 per litre
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[ad_1] A large number of bike owners stand in a queue at a petrol pump in Islamabad on June 7, 2022. — APP ISLAMABAD: The coalition government has slashed the price of petrol for the next fortnight, taking it to Rs267 per litre after a decrease of Rs5 per litre, Finance Minister Ishaq Dar announced…
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Govt slashes petrol price by Rs5 per litre | The Express Tribune
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[ad_1] Finance Minister Ishaq Dar on Tuesday announced a reduction of Rs 5 per litre in the price of petrol in much-needed relief to the inflation-stricken people of the country. Announcing the new prices, Dar said that petrol price would be decreased from Rs272 to Rs267. However, despite a drop in diesel prices in the…
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Petrol price hike sends Twitter into frenzy
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[ad_1] Representational image of a crowd at a petrol pump in Pakistan with reactions from Twitter. — AFP/Twitter The federal government on Wednesday jacked up the petrol price to a historic high, dropping another “bomb” on the inflation-hit nation in a bid to convince the International Monetary Fund (IMF) to unlock the critical loan tranche. The…
