Ishaq Dar says petrol, diesel prices to remain unchanged till Dec 15

Published November 30, 2022
Finance Minister Ishaq Dar makes an important announcement to the nation on Wednesday. — DawnNewsTV
Finance Minister Ishaq Dar makes an important announcement to the nation on Wednesday. — DawnNewsTV

Finance Minister Ishaq Dar on Wednesday announced that the prices of petrol and diesel would remain unchanged for the next fortnight.

In a televised address, he said: “The government has decided to maintain the price of high speed diesel (HSD) […] there will be no change. As for petrol, there will be no change and it will remain unchanged from Dec 1 to 15.”

The minister said that the price of kerosene oil, which was used by lower income groups, would be slashed by Rs10.

“As for light diesel oil (LDO) […] it has been decided to reduce the price by Rs7.5 per litre.”

The minister further said that the deadline for filing tax returns, which was originally today, had been extended by 15 days till Dec 15. He urged the nation to take advantage of this opportunity and file their tax returns at the earliest.

The government had previously kept the prices of all petroleum products unchanged on Oct 15, Oct 30 and Nov 15.

In light of today’s announcement, the price of petrol and HSD will remain Rs224.80 and Rs235.30 per litre, respectively.

On the other hand, the price of kerosene will go down from Rs191.83 to Rs181.83 while for LDO it will decrease from Rs186.50 to Rs179.

Opinion

Editorial

Little respite
03 Mar, 2024

Little respite

IS inflation on its way out? The Consumer Price Index showed that inflation dropped to 23.1pc in February from ...
More slaughter
Updated 03 Mar, 2024

More slaughter

Israel’s extremist leaders are on an apocalyptic mission to ethnically cleanse Gaza.
Without VCs
03 Mar, 2024

Without VCs

THE delay in appointing vice chancellors across Pakistan’s universities has mushroomed into a crisis, with one...
Urgent challenge
Updated 02 Mar, 2024

Urgent challenge

The incoming finance team will have to prioritise economic decisions over political considerations and personal whims.
Contempt ruling
02 Mar, 2024

Contempt ruling

AN Islamabad High Court decision penalising the city’s deputy commissioner, a senior superintendent of police and ...
Streets of death
02 Mar, 2024

Streets of death

A LIFE without a sense of permanence is one aspect of a human crisis as complex as homelessness. But the fact that...