Pakistan

OGRA proposes Rs83.50 per litre price hike in petrol: sources

ISLAMABAD: The price of petrol is set to cross Rs200 per litre for the first time in history as the new government may pass on the burden of the PTI government’s wrong decisions to the public, Geo News reported, citing sources.

In the second fortnight of the current month starting April 16, the newly formed government would be required to either jack up the price of petroleum products or enhance subsidies to maintain the existing price.

On February 28, former prime minister Imran Khan announced a reduction of Rs10 per litre in petrol and diesel prices and a price freeze till the announcement of the budget for 2022-23.

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