Petrol price jacked up by Rs5 per litre.

ISLAMABAD -- The government on Wednesday increased the price of petrol by Rs5 and high speed diesel (HSD) by Rs13 per litre.

The new prices will be effective from March 16 (today).

'In the last fortnight, Platts Singapore prices registered an increase. This along with a depreciation of Pak Rupee has resulted in an increase of POL products in Pakistan,' the finance ministry said a statement.

According to the ministry, petrol will now be available at Rs272 per litre, as compared to its previous price of Rs267 per litre. Likewise, the government enhanced HSD price by Rs13, from a previous Rs280 per litre to Rs293 per litre now.

The increase in the...

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