Government Dodged Masses on Petrol Price
The price of petrol has reached Rs 137.79 per liter while the rate of high-speed diesel has surged to Rs 134.48 per liter
The PTI-led government has cleverly dodged the masses on petrol price as it literally dropped a petrol bomb by increasing a whopping Rs 10.
The price of petrol has reached Rs 137.79 per liter while the rate of high-speed diesel (HSD) has surged to Rs 134.48 per liter.
The rates will remain applicable until the end of October.
Oil & Gas Regulatory Authority (OGRA) had suggested an increase of Rs 5.50 per liter in the price of petrol and that of HSD by about Rs 9 per liter.
However, the government overlooked the recommendation and went beyond it.
Read Also
Waqar Zaka Shares Alarming News on Cryptocurrency
Government Ready to Hand Over ‘Winter Gift’
One of the reasons that the government will possibly come up with is that the global oil prices have surged $85 per barrel which is the highest since October 2018.
The recent surge in petroleum prices is definitely going to exert more pressure on the home budgets as inflation is likely to reach double figures.
