The prices of petroleum products in Pakistan will remain the same till May, Minister of State for Information and Broadcasting Farrukh Habib announced on Monday.
“The prices of petroleum products will remain the same till May 31,” the minister said. Prime Minister Imran Khan has decided not to impose a burden on the people despite the rise in prices in the international market.
The minister claimed that if the prices of petroleum products were not increased, the national exchequer would lose Rs 2.77 billion.
The government has not only adjusted the petroleum levy but also reduced the sales tax on light diesel and kerosene.
Therefore, petrol will continue at Rs 108.56 per liter, diesel at Rs 110.76 per liter, kerosene at Rs 80 and light diesel oil at Rs 77.75 per liter.
Prime Minister Imran Khan did not raise petrol prices in April despite the rise in international prices, which caused a loss of Rs 4.8 billion to the national exchequer.