The federal government has issued a notice to increase the price of petrol by Rs10.49 per litre. Apart from this, the price of high speed diesel (HSD) has been increased by Rs12.44 per litre.
The prices of kerosene and light diesel oil (LDO) have increased by Rs10.95 and Rs8.84 per litre respectively. The new price of kerosene is Rs110.26 per litre and that of LDO is Rs108.35 per litre.
Price hike is ‘a calamity’ for people: MaryamPML-N Vice President Maryam Nawaz lashed out at the price increase, calling it a “calamity” that had fallen on the people like a “lightning bolt”.
“When petrol and diesel become expensive, then your electricity, wheat, bread, vegetables and everything become expensive,” she explained.
On a lighter note, social media users did not lose the opportunity to start a meme fest following the news.People are complaining about inflation but speaking at a press conference in Washington, Finance Minister Shaukat Tarin said that other items, including oil, are becoming more expensive all over the world and the reason why this is happening is not known.
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