In an announcement, the government of Pakistan stated that there will be no change in the cost of petroleum products until February 15, 2021.
“The prime minister did not approve the summary of increasing fuel prices by Rs11 and diesel prices by Rs14,” said Shahbaz Gill, Special Assistant to the Prime Minister on Political Communication.
“The prime minister has stated that oil prices are rising as a result of rising inflation throughout the world, but that the government will do everything in its power to protect the people of Pakistan from rising costs of living. As a result, the prime minister has postponed the release of this summary.”
The price of petroleum products is projected to rise by Rs10 for the next month, according to sources, in accordance with growing prices in the worldwide market, according to sources last week indicated.