ISLAMABAD: In another jolt to the inflation-hit masses, the government has decided to increase petrol and diesel prices by Rs24.03 per liter from June 16.
This was announced by Finance Minister Miftah Ismail during a press conference today (Wednesday).
After the increase in prices, new petrol price will be Rs235.79 per liter while diesel will be sold at Rs204.15 per liter.
He said that the new prices will come into effect from 12am on June 15.
Earlier it was reported that Prime Minister Shehbaz Sharif has rejected a summary to increase in the prices of petroleum products. Sources privy to the finance ministry said that there was no chance of Rs23 increase in price of petrol and Rs53 increase in price of diesel.