Pakistan’s caretaker government has announced yet another hike in the prices of petrol and diesel, taking them to a historic high – over Rs 330 per litre – amidst double-digit inflation in the cash-strapped country.
The Ministry of Finance on Friday night announced the price hike of petrol by Rs 26.02 and diesel by Rs 17.34 per litre following clearance from caretaker Prime Minister Anwaarul Haq Kakar.
After the hike, petrol and high-speed diesel (HSD) are costing over Rs 330 at the filling stations, “a psychological barrier that has been crossed for the first time in the country’s history,” the Dawn newspaper wrote.
