Govt raises petrol price by Rs13.18, diesel by Rs13.80
The government has announced a significant increase in petrol and diesel prices, effective July 11, citing economic factors and IMF conditions. These hikes are expected to impact the cost of living for middle and lower-middle-class citizens who rely on private and public transport.
Why it matters
Rising fuel costs are a major economic indicator that directly affects inflation and the purchasing power of the general public in the region.
A worker holds a fuel nozzle to fill fuel in a car, after the government announced the increase of petrol and diesel prices, at a petrol station in Karachi. — Reuters/FIle Listen to article 1x 1.2x 1.5x comments Join our Whatsapp Channel Add Dawn as a trusted source The government on Friday raised the price of petrol by Rs13.18 per litre and that of high-speed diesel (HSD) by Rs13.80.
The article reports on government policy and economic data without taking a political stance, though it notes the impact on the public.
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