Instead of transmitting relief to consumers, the federal government announced Thursday to maintain the price of unchanged gasoline for the next fifteen to Rs252,63 per liter.
However, the government has reduced Diesel at high speed of RS2 per liter, according to a notification issued by the Finance Division. The new HSD prize is now up to Rs254,64 per liter.
The government has also reduced the prices of kerosene oil and light diesel oil for the next 15 days.
According to the notification, the price of kerosene has been reduced from RS5.04 to RS164.65 per liter, while light diesel oil has been reduced from RS155.33 to Rs150.65 per liter.
Development intervened after the Economic Coordination Committee (ECC) has decided to transfer reduction in the price reduction of petroleum products to refineries, WTOs (petroleum marketing companies) and dealers for the next two weeks.
Petrol is mainly used in private transport, small vehicles, ripe pousses and two-wheelers. The increase in fuel prices has a significant impact on the budgets of the members of the middle and lower classes, which mainly consume petrol for travel. On the other hand, an important part of the transport sector is based on high -speed diesel.
Its price is considered to be inflationary because it is mainly used in heavy products transport vehicles, trucks, buses, trains and agricultural machines such as tractors, tube wells and batteries.
The consumption of high -speed diesel contributes particularly to the increase in vegetable prices and other foods.