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Finance Minister Ishaq Dar on Sunday announced that fuel prices would remain the same for the next fortnight which ends on January 31.
“We are not changing the prices. The price of petrol will remain at Rs214.80, diesel will remain at Rs227.80, price of kerosene oil to remain at Rs171.83 while light diesel oil will remain at Rs169,” he said during a televised address.
Earlier this month, the government announced to maintain the prices of petroleum products at current levels to provide some relief to the masses.
On December 15, the government cut the price of petrol by Rs10 and diesel by Rs7.5.
The price of kerosene oil was slashed by Rs10 on Nov 30 while the price of light diesel oil was reduced by Rs7.5 per litre.
The government had previously kept the prices of all petroleum products unchanged on Oct 15, Oct 30, and Nov 15.
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Comments (57) Closed
Jan 15, 2023 03:49pm
Thanks Dar. Big help.
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Jan 15, 2023 03:58pm
Now Dhar playing Imran to make sure future gov fail
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Jan 15, 2023 04:08pm
Take this as a cue that prices on other commodities are going up steeply as early as next week.
THis is exactly what he announced in December, only to see the price of flour, rice and sugar go up by as much as 50-60% in a single day.
Hold on. You may soon need Rs.100 for a single (rotten) egg, if you can even afford to eat.
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Jan 15, 2023 04:08pm
Dar is the saviour of Pakistan economy!
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Jan 15, 2023 04:12pm
Are you working for the ministry of petroleum now?
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Jan 15, 2023 04:31pm
Good bye IMF loan
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Jan 15, 2023 04:43pm
While everything else is going up the prices. How dumb does PDM think people are ?
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Jan 15, 2023 04:57pm
He has been harping on fake messages for the last three months
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Jan 15, 2023 05:06pm
Why not? Neighbor nation has reduced petrol prices by 5% due to decrease in international oil price and shift to cheaper Russia oil.
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Jan 15, 2023 05:07pm
What a great performance and impressive show for which he must be nominated for Noble prize in economics.
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Jan 15, 2023 05:14pm
The only steady thing , fuel prices . All the rest down the drain .
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Jan 15, 2023 05:41pm
This guy has two duties: to announce fuel prices and dollar rate on weekly basis - shame on this corrupt govt.
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Jan 15, 2023 05:57pm
Dar has no credibility
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Jan 15, 2023 05:57pm
This is why Dar is the best Finance Minister ever. His heart is full of compassion and he feels.for the masses.
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Jan 15, 2023 06:02pm
Means NS coming soon! Welcome!
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Jan 15, 2023 06:05pm
Noted, there will not be any change in the stand of IMF then
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Jan 15, 2023 06:17pm
what about Rs150 per litre?
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Jan 15, 2023 06:24pm
No stunts please. Implement IMF terms. Ultimately you will. So why delay?
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Jan 15, 2023 06:26pm
Dreaming with open eyes!
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Jan 15, 2023 06:30pm
Why no change price of oil is coming down fast, why not give relief to the common man, or is it being rerouted to Dubai somewhere
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Jan 15, 2023 06:34pm
Dar always has us in his mind. A kind hearted and high integrity man
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Jan 15, 2023 06:35pm
No Petrol
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Jan 15, 2023 06:49pm
How much per litre of vegetable ghee?
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Jan 15, 2023 06:49pm
Corruption king trying to help.
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Jan 15, 2023 06:53pm
The certified money launderer is busy at work.
Follow the money he is busy sending them to his master in London
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Jan 15, 2023 06:57pm
No change in your character, either.
A dodgy accountant!!
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Jan 15, 2023 07:05pm
These thugs and frauds are compulsive liars. Fuel prices are dropping globally. Thank you neutrals for selecting and imposing these gems on us.
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Jan 15, 2023 07:05pm
Did IMF approved it.
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Jan 15, 2023 07:27pm
IMF is watching
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Jan 15, 2023 07:30pm
Good move .let new govt tackle it
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Jan 15, 2023 07:31pm
So should we expect the price to increase again after 14 days?
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Jan 15, 2023 07:40pm
Say bye bye to IMF
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Jan 15, 2023 07:48pm
No change in IMF stance in not releasing the next tranche of funds.
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Jan 15, 2023 08:01pm
What a relief
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Jan 15, 2023 08:05pm
So long this person is the Finance Minister of the country, IMF will never extend any aid to the country
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Jan 15, 2023 08:07pm
I wonder why Finance minister has to announce these prices, OGRA should announce it as a routine. Mr. Dar should focus on his key role... $ reserves and stop economic melt down.
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Jan 15, 2023 08:16pm
"We will lower the fuel prices too!" says Darr
But fuel will not be available at petrol pumps.
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Jan 15, 2023 08:19pm
No change in fuel prices but massive change in your fortunes. All NAB cases against DAR are finished
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Jan 15, 2023 08:28pm
Visionary leader
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Jan 15, 2023 09:12pm
Dar bring back the looted money from London and Dubai. You will not need any IMF loan.
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Jan 15, 2023 09:18pm
People are already drowning in inflation.
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Jan 15, 2023 09:19pm
But global prices are going down?
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Jan 15, 2023 09:21pm
Ishaq Dar and Nawaz Sharif are the worst things happened to Pakistan
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Jan 15, 2023 09:37pm
It's pretty funny. Both Pakistan and India import Petroleum. Pakistan has $4.5B in reserves...India has upwards of $500B roughly a 100 times as much.
And yet...petrol is 20% cheaper in Pakistan than India. If that isn't a recipe for disaster, then I don't know what is.
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Jan 15, 2023 10:11pm
Please dont show us your face when you want to continue prices
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Jan 15, 2023 10:54pm
thats good! Compared to India its cheaper (atleast at the official conversion rate, for open market the case is different and we wont talk about it)!
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Jan 15, 2023 10:57pm
This Ostrich, Isaq Dar, not only has burried his head in sand but has totally gone underground mentally. If he keeps the fuel prices the same, there would be no IMF funding. And without IMF funding, no donor would give Pakstan the loans they have agreed to. WHat's wrong with this man? No wonder the country is such a mess with man like him being the Finance Minister.
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Jan 15, 2023 11:18pm
Why no change; worldwide the prices have come down. The fuel prices should be lowered in Pakistan as well.
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Jan 16, 2023 03:52am
But we need to change Dar, he doesn't even have a degree in economics, he was the accountant for Nawaz Sharif, a Kashmiri cousin.
Please remove him ASAP.
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Jan 16, 2023 05:52am
Who cares for dwindling petroleum prices. The other issues are worrisome. The home remittances stalled. The exporters losing 20% on each consignment, as $ rates in open market is higher. The false narrative & imaginary impression was shown that Nawaz & Dar will cope with situation but nothing good happened. You guys utterly failed, and every institution including common man wants you to go.
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Jan 16, 2023 07:20am
Petrol in INR 105 that is PKR 294 in India.
Dar is selling very cheap at the cost of much needed tax revenue.
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Jan 16, 2023 07:30am
Pakistan purchased expensive oil worth $1B from UAE on credit. But still keeping low price, Dar has daring.
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Jan 16, 2023 07:39am
increase the fuel prices and collect as taxes, no one pays income taxes. after increasing fuel prices decreases defence outlay . That will start improving economic performance. Modi is using petro money to fund all infra projects. He is collecting huge money from there.
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Jan 16, 2023 07:49am
Politicians manipulating gas prices to buy votes is one of the reasons our country is nearly bankrupt. Gas prices should go up/down based on price of oil - not the whim of a politician.
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Jan 16, 2023 08:01am
For a day only. Lol
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Jan 16, 2023 09:01am
No change in fuel price.
No change in IMF's stand.
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Jan 16, 2023 10:04am
Dar has not performed any better than miftah. the PMLN must answer the question: was this maneuvering worth the effort except upsetting miftah?
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