Govt Hikes Petrol and High-Speed Diesel Prices by Rs 55 Per Litre

The government has announced a massive increase in petroleum prices, raising the rates of petrol and high-speed diesel by Rs55 per litre. The new prices came into effect immediately after the official notification issued late last night.According to government sources, the decision was taken due to the rising global oil prices and pressure on Pakistan’s economy. Officials said the adjustment was necessary to manage fuel imports and maintain economic stability.The sudden hike is expected to have a major impact on transportation costs, food prices, and overall inflation across the country. Citizens and business owners have expressed serious concerns, saying the increase will make daily life more difficult.

Economic experts warn that the rise in fuel prices may also lead to higher electricity tariffs and increased production costs, which could further burden the public.Many citizens have taken to social media to criticize the decision, urging the government to provide relief measures for low-income families affected by the price surge.