World

Crisis In Pakistan! Petrol And Diesel Prices Have Crossed 330 Rupees Per Liter

The record increase in petrol and diesel prices in Pakistan has posed difficulties for the general public. The interim government has once again raised the prices of petrol and diesel, with petrol now costing around 330 rupees per liter, while inflation rates have already reached double digits.

Receiving approval

After receiving approval from Acting Prime Minister Anwarul Haq Kakar, the Finance Ministry issued an order to increase petrol prices by 26.02 rupees per liter and diesel prices by 17.34 rupees per liter. As a result, both petrol and high-speed diesel (HSD) prices have exceeded 330 rupees per liter.

Breaking psychological barrier

Pakistan’s newspaper ‘Dawn’ stated that reaching the 330 rupees per liter mark for petrol and diesel is akin to breaking a psychological barrier. Fuel prices have risen due to an increase in the exchange rate, with inflation rates rising by more than 27.4 percent in August. Earlier in September, the interim government had also increased petrol and diesel prices by 14 rupees per liter.

Rising cost of living

The rising cost of living is causing distress to the public. In the past 15 days, petroleum product prices have increased twice, adding to the economic burden on the people. Petrol and HSD are used by all private and public service vehicles. On the other hand, the prices of food items in Pakistan have also increased significantly, from flour and rice to salt and sugar, making it increasingly challenging for ordinary people.

Priyanka Rai

Recent Posts

Yemen’s Houthis Claim Responsibility For Missile Attack On Israel

Yemen's Houthis claimed responsibility for a missile attack on Israel's Negev region, targeting the Negev…

5 hours ago

From ‘Razia Sultan’ To ‘Sarfarosh’: The Timeless Journey Of Nida Fazli, ‘Main Nida’

A special screening of the film 'Main Nida', based on the life of the renowned…

5 hours ago

Flood Alert In PoK’s Muzaffarabad After Alleged Jhelum Water Release

A flood alert was issued across Muzaffarabad on Saturday after locals reported a sudden rise…

6 hours ago

Zelensky, Trump Hold Talks In Rome Ahead Of Pope’s Funeral; Discusses Ceasefire & Peace

US President Donald Trump and Ukrainian President Volodymyr Zelensky met in Rome on Saturday ahead…

7 hours ago

Pahalgam Terror Attack: Ishan Educational Institutions Organises Protest Against Terrorism

Ishan Educational Institutions, Greater Noida, today organised a peaceful protest march condemning the recent terror…

8 hours ago

Complete Ban On Drone Flights Over Noida International Airport ‘Red Zone’

Authorities have imposed a complete ban on the operation of drones and UAVs over and…

8 hours ago