While briefing the media, Finance Minister Ishaq Dar has announced that petrol prices in Pakistan will remain unchanged for the second half of November 2022 – from Nov 16 to 30.
Mind you, Ishaq Dar decided took same decision on October 30 and retain petroleum prices. Dar stated he consulted the summary with Prime Minister Shahbaz Sharif and decided against increasing the prices.
Current Petrol Price in Pakistan
On September 30, newly appointed Finance Minister Ishaq Dar announced a massive slash of Rs. 12.63 in petrol prices in Pakistan.
Petrol now costs Rs. 224.80/liter from the previous rate of Rs. 237.43/liter.
Meanwhile, the price of HSD was dropped by Rs. 12.13/liter, after which the new price is Rs. 235.30/liter.
Similarly, LDO and kerosene oil prices decreased by Rs. 10.19 and Rs. 10.78, respectively. Kerosene oil now costs Rs. 191.83/liter, while the new price of light-speed diesel is Rs. 186.50/liter.
No Change Last Time
On October 30, the incumbent government decided not to change prices of petroleum products ahead of by-polls. In his video statement, newly appointed Finance Minister Ishaq Dar stated that the government has decided to retain petrol prices for the next fortnight.
Finance minister Ishaq Dar received a summary moved by the Oil and Gas Regulatory Authority (OGRA). He said that he decided to keep the petrol price unchanged after consulting with Prime Minister Shahbaz Sharif.
