Islamabad: After the Corona epidemic, there has been an increase in concern about inflation all over the world. If we talk about neighbouring Pakistan, the situation remains worse even after the recent political crisis has softened and there has been a change in power. On the one hand, Pakistan's economic health has become thin, on the other hand, preparations are underway to bomb another inflation bomb on the general public. If the proposal is implemented, diesel-petrol prices in Pakistan are going to double in one stroke.
The Oil and Gas Regulatory Authority (OGRA), a body that regulates the prices of oil and gas in the neighbouring country, has recommended an increase in the price of diesel and petrol from Saturday. The OGRA proposes that the price of petrol should be increased by Rs 83.5 per litre and that of diesel by Rs 119 per litre. At present, the price of petrol in Pakistan is Rs 149.86 and diesel is Rs 144.15 per litre. If the OGRA's recommendation is implemented, diesel in Pakistan will cross Rs 250 and petrol will cross Rs 200.
OGRA has forwarded the summary of the proposal to the Petroleum Division. Quoting sources, a report by local news channel ARY News said that the Finance Ministry will take a final decision on the OGRA's summary after consultation with Prime Minister Shehbaz Sharif.
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