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Government Announces New Fuel Prices in Pakistan

Jawad  31 Jan 2025   148
Government Announces New Fuel Prices in Pakistan

Government Announces New Fuel Prices in Pakistan

The Government fuel price announcement has officially increased Pakistan fuel prices starting February 1, 2025, as per the latest notification issued by the Finance Division. The revised rates follow an assessment by the Oil & Gas Regulatory Authority (OGRA fuel price revision), which analyzed global oil market trends.

Revised Fuel Prices
High-Speed Diesel (HSD) : Price raised by Rs. 7 per liter, from Rs. 260.95 to Rs. 267.95.
Petrol :Increased by Rs. 1 per liter, now set at Rs. 257.13, up from Rs. 256.13.

Fuel TypeOld Prices per literNew Prices per literDifference per liter
Petrol256.13 PKR257.13 PKR1 Rupee
Diesel (HSD)260.95 PKR267.95 PKR7 Rupees

Impact on Key SectorsThe hike in diesel price in Pakistan is expected to have a significant effect on the economy, particularly in transportation and agriculture. Since diesel powers public transport and goods transportation, an increase in its cost could lead to higher fares and overall inflation. Additionally, farmers reliant on diesel-operated machinery may face increased operational expenses.

Effect on Commuters and Daily ExpensesAlthough the petrol price increase Pakistan is relatively small, it will still contribute to increased commuting costs for private vehicle owners. The combined effect of fuel price hike Pakistan may put additional financial pressure on consumers.

Public and Industry ReactionsTransporters and farmers have raised concerns about the broader economic impact of the latest fuel price update. With potential increases in fares and food costs, many fear that household expenses will rise, further straining the budgets of ordinary citizens. Calls for government intervention and relief measures are growing as the nation braces for the financial impact of these changes. Pakistan petrol price today remains a critical concern for the public and industries alik

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