The prices of petroleum products in Pakistan will remain unchanged until January 31, according to a recent announcement by the government. This decision was made in order to provide relief to the general public, as well as to stabilize prices in the market.
The government has also decided to maintain the prices of other essential commodities, such as sugar and flour, at their current levels. This move is expected to have a positive impact on the country’s economy, as it will help to keep inflation in check.
It is important to note that the prices of petroleum products are determined by a number of factors, including global oil prices, currency exchange rates, and taxes. Despite these fluctuations, the government has made a commitment to ensure that the prices of these products remain affordable for the general public.
In recent months, the prices of petroleum products have been on the rise due to the increase in global oil prices. However, the government has taken measures to mitigate the impact of these price increases on the general public, such as reducing taxes on these products.
Overall, the decision to maintain the prices of petroleum products until January 31 is a positive step towards providing relief to the general public and stabilizing prices in the market. It is expected that this move will have a positive impact on the country’s economy and help to keep inflation in check
During the last review period of two weeks, the government made a reduction on the prices of all petroleum products. Specifically, the cost of gasoline was lowered by 10 Rupees per liter, and the cost of high-speed diesel was lowered by 7.50 Rupees per liter. Additionally, the prices of light diesel oil and kerosene oil were also reduced by 10 Rupees per liter. As of now, the price of gasoline is 214.80 Rupees per liter, and the price of high-speed diesel is 227.80 Rupees per liter.
