Petroleum and power rates in Pakistan.

It has been decided to maintain the prices of petroleum products in Pakistan despite the reduction of three to four percent in the prices of petroleum products in the globAal market. On the other hand, elecAtricity rates have been reduced by Rs 4.25 for October. According to the Ministry of Finance, petroleum prices will remain unchanged till the end of October.

It should be noted that currentAly in Pakistan petrol is being sold at Rs 224.80, diesel at Rs. 235.30, light diesel at Rs 186.5 and kerAosene at Rs 191.83 per litter. AcAcording to the summary sent by Federal Finance Minister Ishaq Dar and OGRA, a slight reduction in the price of petrol while increasing the prices of other products was sugAgested, on which the Prime MinAister was consulted, but he disAagreed with it. Decided to maintain the prices of petroleum products. While electricity rates have been reduced by Rs 4.25 per unit due to fuel adjustment for October, the quarterly adjustment will continue for September.

However, the...