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ISLAMABAD – The federal government has announced a sharp increase in fuel prices, raising the cost of petrol by Rs4.80 per litre and high-speed diesel (HSD) by Rs7.95 per litre, effective from June 16. The move comes amid rising global oil prices and a growing financial squeeze as Pakistan implements IMF-backed reforms. According to an …
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ISLAMABAD: Federal Finance Minister Hammad Azhar declared the government’s decision to lower gasoline and diesel rates on Wednesday. “This decision has nothing to do with the ECC [meeting that took place], but the first decision we’ve reached is to of the price of gasoline and diesel after discussions with the prime minister,” Hammad Azhar said …
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