Pakistan’s petrol, diesel prices cross Rs 300-mark for the first time in history

For the first time in the history of Pakistan, petrol and diesel prices have crossed Rs 300-mark. The caretaker government increased the prices of petrol and high-speed diesel (HSD) by Rs 14.91 and Rs 18.44 per litre.

Amid the outcry over soaring electricity charges in Pakistan, the prices of petrol and diesel in the country have crossed the Rs 300 mark for the first time in history, adding to the worries of people reeling under the grim economic situation.

The caretaker government, under Prime Minister Anwaarul Haq Kakar, increased the prices of petrol and high-speed diesel (HSD) on Thursday by Rs 14.91 and Rs 18.44 per litre.

With the latest hike, the price of petrol now stands at Rs 305.36, while the diesel price has reached Rs 311.84.

The Pakistan government, in a statement, said that the decision to revise the existing consumer prices of petroleum products was taken owing to the “increasing trend of petroleum prices in the international market and exchange rate variations.”

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