The price of petrol in Pakistan will go up by Rs2 per litre starting July 1, according to Special Assistant to Prime Minister of Pakistan on Political Communication Shahbaz Gill.
Gill said that the Oil and Gas Regulatory Agency (OGRA) had recommended an increase of 6.05 rupees, but Prime Minister Imran Khan refused and approved an increase of 2 rupees per liter of gasoline.
The Prime Minister’s aides said that OGRA’s proposed increase is based on the increase in fuel prices in the international market.
According to Gill, the proposal also included an increase in diesel prices by Rs 3.44, but the Prime Minister approved an increase of Rs 1.44.
The notice issued by the Ministry of Finance stated that kerosene will rise by 3.86 rupees, while light diesel will rise by 3.72 rupees.