Has the cost of gasoline risen in Pakistan?

The Ministry of Information and Broadcast (MOIB) has clarified the misunderstanding surrounding a “fake” news release about an increase in petrol prices in Pakistan that has been going around on social media and is said to have been released by the Finance Division.

The price of gasoline, high-speed diesel (HSD), kerosene (SKO), and light diesel oil has increased, according to a recently circulated notification that purportedly came from the finance section. The Ministry of Information and Broadcasting (MOIB) announced on Twitter on Saturday that a fake press release was going around on social media. Here is the actual press statement.

A screenshot of the “fake” notification, which stated: “In the wake of the rise in petroleum prices on the international market and with a view to ensuring consumers receive supplies without interruption, Government has decided to modify the prices of petroleum products,” was tweeted by the ministry. The new prices will take affect on April 2, 2023.

The “false” memo stated that the price of gasoline would rise from Rs272 to Rs293.23 by Rs21.23 and that the cost of HSD would rise from Rs293 to Rs311.12 by Rs21.12. Additionally, the “false” notice stated that the prices of Kerosene and Light Diesel Oil would rise by Rs9.71 and Rs15.32, respectively. The ministry refuted this assertion, however, and shared the real notification from the Finance Division in its place.

“In the fortnightly review of petroleum products, the Government has decided to maintain the current prices of MS(Petrol) and High-speed Diesel while decreasing the prices of Kerosene Oil and Light Diesel Oil by Rs10 through April 15, 2023,” the notification read. The new prices go into force on April 1, 2023. This notice states that the prices for gasoline, HSD, kerosene, and light diesel oil starting on April 1 are, respectively, Rs272, Rs293, Rs180.29, and Rs174.68.

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