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

SC Expresses Displeasure Over Delay In Nithari Murder Case Hearing

The Supreme Court criticized the CBI and UP government for seeking to delay the hearing…

15 mins ago

SC Reserves Verdict On BRS MLAs’ Disqualification; Criticizes Telangana CM

The Supreme Court has reserved its decision on the petition seeking the disqualification of BRS…

21 mins ago

Gautam Adani Visits Kanpur Defence Facility; Highlights Commitment To Self-Reliance

On 5 March, Adani Group Chairman Gautam Adani visited Adani Defence in Kanpur, praising its…

25 mins ago

Indian Religious Heritage Finds Global Spotlight With PM Modi

During his Thailand visit, PM Modi witnessed 'Ramakien', the Thai version of 'Ramayana', a key…

1 hour ago

Rouse Avenue Court Issues Notice To ED In AgustaWestland Case

Rouse Avenue Court has issued a notice to the ED and sought its response to…

2 hours ago

Gautam Adani Visits Navi Mumbai Airport Site; Set For Mid-2025 Launch

Gautam Adani on 16 March visited the Navi Mumbai International Airport, which is nearing completion…

2 hours ago