The caretaker Government has massively increased the Petrol Prices in Pakistan for the next fortnight from 16 August 2023 till 31 August 2023. According to the details, the Government has hiked the Prices of both Petrol and High-Speed Diesel (HSD) from today.
According to the announcement, the Petrol Price in Pakistan has been increased by Rs. 17.50 per litre, while the Price of High-Speed Diesel (HSD) has seen a hike of Rs. 20.00 per litre.
This brings the new Petrol Price in Pakistan at Rs. 290.45 per litre, while the Price of High-Speed Diesel has been increased to Rs. 293.40 per litre. However, the Finance Minister did not announce any change in the Price of Kerosene Oil and Light Diesel Oil (LDO).
Petrol Prices in Pakistan From 16 August 2023
| PRODUCT | OLD PRICE (PKR) | NEW PRICE (PKR) | CHANGE (PKR) |
|---|---|---|---|
| Petrol | 272.95 | 290.45 | +17.50 |
| High Speed Diesel (HSD) | 273.40 | 293.40 | +20.00 |
The Latest Diesel and Petrol Prices in Pakistan will become effective from today on 16 August 2023 for the second half of the month.
A notification issued by the Finance Division stated, “Petroleum prices in the international market have increased during the last fortnight. As a result the consumer prices in Pakistan are also being revised.”
Here is a copy of the notification:
In the last review, the PMD-led Federal Government had increased the Petrol Price by Rs. 19.95 per litre, while High-Speed Diesel (HSD) witnessed a hike of Rs. 19.90 per litre, bringing price of both commodities at Rs. 272.95 per litre and 273.40 per litre, respectively.
Read more: Dollar Rate in Pakistan (Daily Updates).
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