KARACHI – The Pakistani authorities is more likely to lower petrol costs for the primary half of November because the rupee strengthened towards the greenback amid stern measures.
The costs of POLs together with Petrol and Diesel are more likely to transfer down as the federal government mulls passing on one other reduction to distressed Pakistanis who’re battling the worst financial disaster in latest occasions.
Unverified media reviews recommend that the price of petrol would drop by round Rs20 per litre amid the comeback of the Pakistani rupee, and the diesel could be slashed by round Rs16 per litre.
The interim authorities members haven’t made any choice and Prime Minister Anwaar Kakar will make the ultimate choice in a gathering slated to be held on October 31.
The anticipated value revision could be the second lower in a month’s time. Earlier this month, the caretaker setup slashed the worth of petrol by Rs40 per litre and high-speed diesel by Rs15 per litre for the second half of October.
As of now, the present value of petrol is Rs283.38 per litre and Rs303.18 per litre for HSD.
