ISLAMABAD: The Pakistan Tehreek-e-Insaaf (PTI)-led federal government on Sunday dropped another petrol bomb on the people as it approved Rs2.70 per litre hike in petrol price effective from February 1.
According to a notification by the Prime Minister Office, light diesel oil will also see a rise in price by Rs3 per litre, while high-speed diesel will cost Rs2.88 dearer.
The Oil and Gas Regulatory Authority (OGRA) on Friday had proposed Rs12 per litre hike in petrol price from February 1. OGRA prepared its summary on the basis of a levy of Rs30 per litre. Currently, the levy on petrol is Rs21.56 per litre.
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This is a developing story.
