Get all your news in one place.
100's of premium titles.
One app.
Start reading
Al Jazeera
Al Jazeera
Business

Amid economic turmoil, Pakistan hikes up fuel prices

Long lines were reported outside petrol stations after people filled their tanks due to speculation that prices would soon rise. [Fayaz Aziz/Reuters]

Pakistan has hiked up petrol and diesel prices after the country’s currency value plummeted this week and just days before an International Monetary Fund (IMF) visit to the country to discuss the stalled ninth review of Pakistan’s funding programme.

Finance minister Ishaq Dar said at a press conference on Sunday that petrol price will rise by 35 rupees to 249.80 rupees ($1) per litre while high-speed diesel would go up to 262.8 rupees ($1.05) per litre.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.