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Govt may slash petrol price by Rs11 per litre

By Internews

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ISLAMABAD, July 31(ABC): The government may slash the price of petrol by Rs11 per litre.

Sources privy to the matter said that the price of petrol is expected to decrease by Rs11 per litre while the price of high-speed diesel is likely to increase by Rs8 per litre.

The levy on petrol is likely to increase by Rs5 per litre and on diesel, kerosene and light diesel by Rs10 per litre, sources added.

On the other hand, the Ministry of Finance will announce a slashing of prices today, and the new prices will come into effect from August 1.

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Internews Pakistan is an Islamabad-based independent news agency, primarily focusing on print and electronic media with its services in text, photo, and video in digital multimedia form. Internews Pakistan, a project of Lord Media Services, offers daily news services, including current affairs news, features, articles, and analyses of current value in Urdu and English. Internews Pakistan has reporters across the country as well as in Azad Kashmir with bureaus in Karachi and Lahore. Internews Pakistan also provides news services by translating foreign English news material into Urdu. Internews Pakistan has been providing news and content services to over 500 organizations, including newspapers, radio stations, TV channels and websites, inside and outside Pakistan.

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