No more subsidies on petroleum prices, major price hikes are in place in Pakistan

Another petroleum prices hike was took in place on Saturday in Pakistan to keep up with the price hike going on in the International market. According to government these price hikes were to keep up with International market and they can not provide any subsidies to people any more. I doubt that they were providing any subsidies to people in recent past. This is second major hike in petroleum prices in time period of just few days. As soon as this price hike came in place the price to diesel approaches to the Rs 100 mark with its current price of 97.31 from old price of 92.89 which was set few days ago after a previous raise in price.  The […]