The government has increased kerosene oil prices by Rs130 per litre, pushing the new rate to Rs318.81 per liter.For the poor and middle class, this latest increase adds fuel to the fire, making daily life even more expensive and stretching household budgets to the breaking point. The government of Pakistan unleashed a massive increase in fuel prices, further squeezing the already struggling masses.
After a staggering Rs55 hike in petrol prices, the cost of kerosene oil has now been brutally raised by Rs130.8 per liter, pushing its new price to Rs318.81 per liter. Light diesel has also been hit hard with Rs67.82 paisa per liter increase, skyrocketing its price to Rs235.1 per liter.
The government has also confirmed that a petroleum levy of Rs 20.36 per liter is being imposed on kerosene oil, while light diesel carries a levy of 15 rupees and 84 paisa per liter. This latest wave of price hikes comes just after the historic overnight increase in petrol and diesel rates, raising serious concerns about the growing burden of inflation on the poor and middle class.
Credit: Independent News Pakistan (INP)