Islamabad : Inflation Pakistan It rose to 21.3% in June, the highest since December 2008 when inflation stood at 23.3%.
In May, it was 13.7 percent as measured by the country’s consumer price index. According to the Pakistan Bureau of Statistics, inflation increased by 19.8% in urban areas and 23.5% in rural areas.
Pakistan’s Shahbaz Sharif-led government has increased the prices of all petroleum products by about Rs 14-19 per liter with immediate effect from Friday, to meet the commitments made. International Monetary Fund For the revival of the $6 billion bailout package.
According to the Finance Ministry notification, the government has imposed a petroleum levy of Rs 10 (Pakistani rupee) per liter on petrol and Rs 5 each on high-speed diesel (HSD). Kerosene and light diesel oil (LDO). Petrol now costs Rs 248.7 per litre. hsd 276.5, Kerosene Rs 230.2, and i do 226.1 at Rs. The government is increasing petroleum prices from May 15 under the IMF deal. The prices of petrol, HSD, kerosene and LDO have increased by 66% (or Rs 99), 92% (132.39), 95% (Rs 111.95) and 80% (Rs 100.59) respectively since May 26. The government has also assured the IMF that it will gradually increase the petroleum levy on all products by Rs 5 per liter to a maximum of Rs 50 per liter, and the price of liquefied petroleum gas (LPG) gradually. It has been increased to Rs 30,000 per tonne from the current rate of Rs 4,670 per tonne.
In yet another setback, the National Information Technology Board said, “Telecom operators have warned of shutdown of mobile and internet services due to prolonged power outages.” Gentry On Friday it said controlling load-shedding was a “very difficult challenge” for the government and slammed the previous Imran Khan-led government for not getting cheap gas.
In May, it was 13.7 percent as measured by the country’s consumer price index. According to the Pakistan Bureau of Statistics, inflation increased by 19.8% in urban areas and 23.5% in rural areas.
Pakistan’s Shahbaz Sharif-led government has increased the prices of all petroleum products by about Rs 14-19 per liter with immediate effect from Friday, to meet the commitments made. International Monetary Fund For the revival of the $6 billion bailout package.
According to the Finance Ministry notification, the government has imposed a petroleum levy of Rs 10 (Pakistani rupee) per liter on petrol and Rs 5 each on high-speed diesel (HSD). Kerosene and light diesel oil (LDO). Petrol now costs Rs 248.7 per litre. hsd 276.5, Kerosene Rs 230.2, and i do 226.1 at Rs. The government is increasing petroleum prices from May 15 under the IMF deal. The prices of petrol, HSD, kerosene and LDO have increased by 66% (or Rs 99), 92% (132.39), 95% (Rs 111.95) and 80% (Rs 100.59) respectively since May 26. The government has also assured the IMF that it will gradually increase the petroleum levy on all products by Rs 5 per liter to a maximum of Rs 50 per liter, and the price of liquefied petroleum gas (LPG) gradually. It has been increased to Rs 30,000 per tonne from the current rate of Rs 4,670 per tonne.
In yet another setback, the National Information Technology Board said, “Telecom operators have warned of shutdown of mobile and internet services due to prolonged power outages.” Gentry On Friday it said controlling load-shedding was a “very difficult challenge” for the government and slammed the previous Imran Khan-led government for not getting cheap gas.