Central government increased the prices of petrol and diesel, created chaos among the people
New Delhi. The people of Pakistan, which is facing the biggest economic crisis in its history, are getting bombed by inflation one after the other. The caretaker government of the country is giving big shocks to the people of the country who were already forced to live a life of poverty. Now, within just two weeks, the government took such a decision on Friday night that it created an atmosphere of panic among the people of the entire country. Yes, once again there has been a big increase in the prices of petrol and diesel in Pakistan. After this latest increase, the price of petrol there has reached its highest ever level of Rs 330 per liter.
While the former Shahbaz Sharif government increased the burden on the public by increasing the prices of petrol and diesel in Pakistan one after another, the government of caretaker Prime Minister Anwarul Haq Kakar also shocked the people by taking similar decisions. Is going. The caretaker government on Friday night increased the prices of petrol and high-speed diesel (HSD) by Rs 26.02 and Rs 17.34 per liter respectively. Pakistan’s Finance Ministry said in a statement, the government has increased the prices of petrol by Rs 26.02 to Rs 331.38 per liter and diesel by Rs 17.34 to Rs 329.18 per liter.
Ever since the caretaker government took over power in the country after the end of Shahbaz Sharif’s tenure, both petrol and diesel have become costlier by 20 percent in Pakistan. This is the second big increase since August 15, 2023. Within a month, the combined increase in petrol and diesel in Pakistan has become Rs 58.43 and Rs 55.83 per liter respectively. According to Dawn report, the latest increase in the prices of Petrol and High Speed Diesel has been announced by the Finance Ministry after the approval of Acting Prime Minister Anwarul Haq Kakar. The ministry has said that due to the increase in petroleum prices in the international market, the government has decided to revise the current prices of petroleum products. After this decision, the ex-depot price of high speed diesel has been fixed at Rs 329.18 per liter with an increase of Rs 17.34 or 5.6 percent instead of the current Rs 311.84. At the same time, the retail price at the petrol pump will be much above Rs 330 per liter.
Let us tell you here that most of the transportation sector runs on HSD. Changes in its price directly affect the inflation figures in Pakistan. It is mostly used in heavy transport vehicles, trains and agricultural engines and as its price increases, transportation becomes expensive and especially the prices of vegetables and other food items increase. The bomb of petrol and diesel that is being blasted on the people already suffering from inflation is becoming a cause of trouble for them. Let us tell you here that at present, GST on all petroleum products in Pakistan is zero, but the government levies Petroleum Development Levy (PDL) of Rs 60 per liter on petrol, apart from this, Rs 50 per liter on 95RON petrol including high speed diesel and high octane blending component. Has been. The government is also charging customs duty of around Rs 18-22 per liter on petrol and HSD.
