The Government of Pakistan has decided to keep petrol prices unchanged at PKR 149.86 for last 15 days of March.
Finance Division says decision taken in line with PM Imran Khan's last fortnightly review.
Decision would mean that the government will bear the additional burden of Rs30 billion for the fortnight. Last month, Prime Minister Imran Khan announced slashing the petrol and diesel price by Rs10 per litre. In line with Prime Minister Imran Khan's decision, the Finance Division announced in its fortnightly review that petrol prices would remain unchanged throughout the country.
The government is to bear price differential claim of Rs 23.43/ ltr.
Breakup of Petrol Prices shows:
Base price increased by Rs25.33 to Rs160.56 (82% of total cost)
"In line with the decision of the prime minister in the last fortnightly review, the petroleum product prices to remain unchanged despite abnormal price increase in the international market," said a statement issued by the Finance Division.
The statement added that decision would mean that the government will bear the additional burden of Rs30 billion for the fortnight (March 16-31, 2022).
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