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Mon, December 23, 2024
Pakistan
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Another Petrol Bomb? Petrol Prices In Pakistan Most Likely To Skyrocket By Rs.32 This Week

Source: Dawn/The Nation

While the people of Pakistan are already in mourning and despair owing to the current economic crisis, the current government has decided to put the last nail in the coffin and make people grieve the loss of dreams of a better living in this country.

Petrol prices to meet a hike of Rs. 32.07/liter

Recent press reports reveal that the prices of petroleum products may increase by over Rs.32 per liter from Feb 16th (tomorrow) due to the US dollar exchange rate. This is yet another bombshell aimed at the masses struggling to make ends meet during this economic turmoil.

Source: The Express Tribune
Source: The Express Tribune

The ex-depot per liter price of petrol will rise by Rs.32.07 (12%), high-speed diesel (HSD) by Rs.32.84 per liter (12.5%), kerosene oil upto Rs.28.05 per liter and light diesel oil (LDO) is expected to go up by Rs.9.90 per liter. The new prices are based on the latest government taxes and estimated PSO incidentals.

Also read: Fuel Unavailable: Petrol Pumps Across Punjab Run Dry Due To ‘Fuel Shortage’

‘The fuel for the common man is burning out’

The common man particularly transporters and people working in agricultural sectors will also be directly blown by this price bomb as they are the majority of the HSD consumers.

Source: The New York Times
Source: The New York Times

People are on the brink of losing all hope for the betterment of the economic conditions in Pakistan. Ironically, the fuel of the common man is burning out and yet, they are paying the most to survive the deep pit of inflation.

What do you have to say about the current condition of Pakistan? Let us know in the comments section below!