Independent Report
ISLAMABAD: The federal government has announced an increase in petroleum prices, raising the price of high-speed diesel by Rs30 per litre and petrol by Rs5 per litre with immediate effect.
According to the official notification, the revised prices came into force immediately after the government’s announcement. The increase is expected to have a significant impact on transportation costs, agriculture, logistics, and the overall cost of living.
Economists believe the sharp rise in diesel prices could particularly affect the movement of goods and public transport fares, potentially adding further pressure on inflation. Petrol consumers will also face higher fuel costs following the latest revision.
The government has implemented the new fuel prices through an official notification, making the revised rates applicable across the country with immediate effect.
