The government has decided to increase the price of petroleum products from December 16.
From December 16, the prices of petroleum products may increase by up to Rs 7 per liter. OGRA has sent a summary of the increase in prices of petroleum products to the Ministry of Finance. The Finance Ministry will announce an increase in the prices of petroleum products for 15 days on Tuesday after the approval of the Prime Minister.
It is expected that from December 15, the price of high speed diesel will be increased by Rs 7 while the price of petrol will be increased by Rs 5 per liter.
It may be recalled that the government has increased the price of electricity on Monday. NEPRA has increased the price of electricity by Rs 1.11 per unit for one month. This increase in the price of electricity has been made in the context of September's fuel price adjustment.
