The government has decided to keep the prices of the petroleum products unchanged for next fortnight.
In a statement, the Finance Ministry said the government will bear the additional burden of 33 billion rupees for the fortnight to keep the prices at the existing level.
On March 15, the Finance Division as well had announced that petrol prices would remain unchanged throughout the country.
“In line with the decision of the prime minister in the last fortnightly review, the petroleum product prices to remain unchanged despite abnormal price increase in the international market,” a statement issued by the Finance Division had read.
Read more: Petrol Price in Pakistan decreases by Rs 10 per litre: PM Khan
The statement had further said that the government would bear the additional burden of Rs30 billion for the fortnight (March 16-31, 2022).
Addressing the nation last month, Prime Minister Imran Khan had announced slashing the petrol and diesel price by Rs10 per litre.
The prime minister had observed that everybody was of the view that increasing commodity and oil prices were a temporary phenomenon; however, in line with the ongoing situation in Ukraine, the government had realised that prices would not fall in the international market.
