Tag: price hike
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IMF says bijli aur gas mazeed mehngi karu
The International Monetary Fund (IMF) has told the Pakistani authorities of its plan to release the next bailout package under specific conditions which Pakistan would have to fulfil like increasing revenue and curtailing government expenditure. “The government will have to hike electricity and gas tariffs in coming July and August 2024 to strike a deal…
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Pak Suzuki hikes prices, Cultus AGS now priced above Rs4.5 million
In response to inflationary pressures and rising overhead costs, Pak Suzuki has announced a significant hike in car prices, impacting models across the range.
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ECC greenlights 25% sales tax increase on domestic cars
In a significant development, the Economic Coordination Committee (ECC) of the Cabinet has given its nod to a proposal for increasing the sales tax on vehicles manufactured and assembled within the borders of Pakistan.
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Price of 10kg flour bag reaches nearly Rs1,500
The price of ‘chakki’ flour has recently experienced an increase of Rs10 to Rs12 per kilogramme in Hyderabad, the second-largest city in the province of Sindh.
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NEPRA announces increase in electricity tariff, impacting November bills
In yet another unsettling development for power consumers already burdened by rising costs, the National Electric Power Regulatory Authority (NEPRA) has announced an increase of Rs0.40 per unit in the electricity tariff.
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PM Kakar ordered to appear before court over fuel price increase
Caretaker Prime Minister Anwaar-ul-Haq Kakar has received summons on Tuesday from a civil court in Gujranwala over the recent increase in the prices of petroleum products. Judge Mohammad Awais summoned the caretaker PM, secretary petroleum, and Gujranwala commissioner against the hike in petrol prices. Advocate Manzoor Qadir filed a petition on September 16 asking for…
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Govt raises petrol price by Rs26.02 per litre, diesel by Rs17
On Friday night, the interim government implemented a significant adjustment in fuel prices. The cost of petrol rose by Rs26.02 per litre, reaching a new rate of Rs331.38 per litre, while high-speed diesel (HSD) saw an increase of Rs17.34 per litre, settling at Rs329.18 per litre.
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‘Never leaving home again’: social media is in tears after ANOTHER petrol price hike
Kuch rehnay nahi dena? Yesterday night, the caretaker government announced yet another price hike in petrol charges, taking it to a historic high of Rs 301 per litre. In a statement, the finance ministry said that the reason behind the hike included escalating prices in the international market as well as shifts in exchange rates.…
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Petrol price increased by Rs17.50 to Rs290.45 per litre
Latest petrol and diesel price in Pakistan from August 16, 2023
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Utility Stores hike sugar, ghee, and flour prices following subsidy withdrawal
Discover how the Utility Stores Corporation’s decision to raise prices for sugar, ghee, and flour has affected consumers following the removal of subsidies. Gain insights into the implications of this move on household budgets and the broader economic landscape.