Finance Minister Ishaq Dar introduced on Friday that the petrol costs will stay the identical however the diesel costs have been elevated by Rs7.50 for the following fortnight.
Finance Minister Ishaq Dar shared the upgraded charges of petroleum merchandise in a video assertion.
In an effort to reduce the burden on the general public, the finance minister acknowledged that the worth of petrol will stay unchanged, guaranteeing stability in its value.
Dar went on to say that the choice to regulate the costs was reached after consultations with the prime minister, bearing in mind the suggestions put forth by Oil and Fuel Regulatory Authority (Ogra) to maintain the costs as little as potential.
He mentioned, “These revised prices will come into effect from midnight tonight and will be applicable for the next 15-day period.”
It’s price noting that the Ogra had submitted the proposed petroleum product costs for the following fortnight to the Ministry of Finance. The federal government’s intention to offer reduction to the folks is clear by this resolution.