ISLAMABAD: Cash-strapped Pakistan’s government on Sunday raised prices of petrol and diesel by Rs 35 each, giving another jolt to the country’s inflation-stricken people.
Finance Minister Ishaq Dar made the announcement in a televised address on Sunday morning, spoiling people’s weekly holiday as prices in the past had been adjusted on a fortnightly basis from the first to sixteenth of every month.
“We have decided to increase the price of petrol and diesel by Rs 35 each. The price of kerosene oil and light diesel oil has been increased by Rs 18 each,” Dar said, adding that the new prices would come into effect at 11 am on Sunday.