ISLAMABAD: The government has decided to keep the prices of petrol and high speed diesel (HSD) unchanged for next fortnight, a statement said on Monday.
It said that the government has been absorbing the upward price fluctuation in international market in order to provide maximum relief to the end consumers.
Despite very limited fiscal space, the government has decided that the prices of MS (Petrol) and High Speed Diesel (HSD) will remain the same.
However, as no Petroleum Levy (PL) is being charged on SKO and LDO, the prices of Kerosene (SKO) and Light Diesel Oil (LDO) have been marginally increased by Rs.3.42/liter and Rs.2.19/liter respectively due to significant rise in the international prices of Petroleum Products.
The following new prices would be effective from March 16, 2021 for the 2nd fortnight of the current month:
MS (Petrol) is unchanged at Rs111.90
High Speed Diesel (HSD) is unchanged at Rs116.08
Kerosene (SKO) has been increased from Rs80.19 to Rs83.61
Light Diesel Oil (LDO) has been increased from Rs79.23 to Rs81.42