Pakistanis can expect an increase in petrol prices starting from 1st December 2024. Sources suggest that the government is likely to raise fuel prices in response to the ongoing surge in global oil prices and the weakening of the Pakistani rupee against the US dollar.
Experts predict a price hike of up to Rs 10 per litre, which could impact transportation costs and daily expenses for millions of citizens. The increase will mark the third consecutive month of price hikes, as the country grapples with the economic challenges linked to fluctuating international markets.
The government has yet to confirm the details of the price adjustment, but the decision will likely be announced by the Ministry of Finance in the coming days.
The fuel price increase follows a series of hikes in other essential commodities, adding to the financial strain on the general public in Pakistan.
