Get ready! to pay more at the pump, Pakistan! A significant increase in petrol prices is expected from April 16. The increase is likely due to a combination of rising global oil prices and the government’s plans to increase taxes on petrol.
Sources said that the price of petrol may increase by around Rs 8 per litre, taking the price to Rs 298 per liter from the current Rs 289.40. Diesel prices are also expected to rise marginally.
Petrol price hike on April 16
| Current Price | Expected Price |
| Rs289.40 | Rs298 |
The government is also considering increasing the petrol levy from Rs 60 to Rs 100 per litre, which could push petrol prices to record highs in Pakistan.
The official announcement of the new rates is expected on April 16 after the government finalizes the exchange rate calculations.