In a press conference held on Friday, Finance Minister Ishaq Dar made an announcement regarding the petrol prices. He stated that there would be no change in the price of petrol, but the cost of diesel would see an increase of Rs7.50 per litre for the next fortnight.
During the late-night press conference, Minister Dar clarified, “There has been no increase in the price of petrol.” However, he went on to inform the public that the price of diesel would be raised by Rs7.50 per litre.
The finance minister further disclosed that the revised price for diesel would take effect from 12:00 am on July 1.
According to the government’s declaration, the updated prices are as follows:
Product | Existing prices w.e.f 30.06.2023 | New prices w.e.f 01.07.2023 | Change |
Petrol | Rs262 | Rs262 | None |
Diesel | Rs253 | 260.50 | +7.50 |