Pakistan raises fuel prices by up to Rs9.56 per liter amid global energy market fluctuations

A worker pumps petrol in a car at a fuel station in Rawalpindi on July 16, 2023. (AFP/File)
Short Url
Updated 01 July 2024
Follow

Pakistan raises fuel prices by up to Rs9.56 per liter amid global energy market fluctuations

  • With the new surge, the per liter cost of petrol and high-speed diesel will be Rs265.61 and Rs277.45, respectively
  • Any upward revision to fuel prices is generally met with public discontent amid fears of high inflation in Pakistan

ISLAMABAD: The government on Sunday increased the per liter cost of petrol and high-speed diesel by Rs7.45 and Rs9.56, respectively, after taking credit for reducing petroleum prices by up to Rs35 since taking over following the last review.
Fuel prices are fixed on a fortnightly basis by the Oil and Gas Regulatory Authority (OGRA) in Pakistan, which adjusts them by considering fluctuations in the international energy market and rupee-dollar parity.
This allows the government to pass on the net effect to consumers to finance the country’s fuel imports.
“The prices of petroleum products have seen an increasing trend in the international market during the last fortnight,” said the statement circulated by the finance division, adding that OGRA had worked out the consumer prices accordingly.
“There will be no change in the applicable taxes & duties, which will remain at the existing level,” it added.

With the new surge, the per liter cost of petrol will be Rs265.61, and for high-speed diesel, it will be Rs277.45.
The new prices will be applicable for the next fortnight, starting July 1.
Any upward revision to fuel prices in the country is generally met with public discontent as it contributes to inflationary pressure, raising the overall cost of living.
Pakistan witnessed a 38 percent inflation rate in May 2023, which eased more recently to 11.8 percent last month.

 


Medical team inspects ex-PM Imran Khan's eye condition at Rawalpindi prison — official

Updated 2 min 19 sec ago
Follow

Medical team inspects ex-PM Imran Khan's eye condition at Rawalpindi prison — official

  • Khan has suffered severe vision loss in his right eye due to central retinal vein occlusion, a court-appointed lawyer said this week
  • The ex-premier's party has rejected his medical examination 'behind closed doors, without the presence of personal physicians or family'

ISLAMABAD: A team of doctors was inspecting jailed former prime minister Imran Khan's eye condition at Rawalpindi's Adiala prison, the jail superintendent said on Sunday, after a court-appointed lawyer reported a significant loss of sight in his right eye.

The development followed a report submitted to the Supreme Court by a lawyer appointed as amicus curiae who was asked to visit Khan at Rawalpindi’s Adiala jail earlier this month. The report said the 73-year-old had suffered severe vision loss in his right eye due to central retinal vein occlusion, leaving him with only 15 percent sight in the affected eye.

The findings triggered a sit-in by an opposition alliance, including members of Khan’s Pakistan Tehreek-e-Insaf (PTI) party, demanding his immediate transfer to Islamabad’s Al-Shifa Hospital. Khan was also allowed to speak to his sons for about 20 minutes, according to his family, despite the former premier’s limited interactions with family and legal team in recent months due to restrictions that the PTI has challenged in court.

In a statement issued on Sunday evening, the Adiala Jail superintendent said a team of expert doctors from various hospitals had arrived at the prison with necessary medical equipment and medicines and was conducting a detailed examination of the ex-premier's eye.

"Detailed eye check-up is underway under the supervision of the Medical Board," the statement read. "Medical examination is being conducted under strict security arrangements. The report of the medical team is likely to be compiled soon."

The development comes a day after Pakistan’s government said on Saturday it has decided to transfer jailed former prime minister Imran Khan to a hospital and form a medical board for his eye treatment.

“Imran Khan has been provided the facility to speak with his sons on the phone and, in view of his health, it has also been decided to transfer him to hospital and constitute a medical board,” Parliamentary Affairs Minister Tariq Fazal Chaudhry said on X. “The government gives priority to humanitarian considerations and legal requirements.”

But Khan's PTI party rejected his medical examination "behind closed doors, without the presence of his personal physicians or even a family representative."

"A medical assessment carried out in secrecy does not restore public confidence; it deepens suspicion," Sayed Zulfiqar Bukhari, a PTI spokesman, said in a statement on Sunday evening.

"Access to independent medical professionals and family oversight is not a privilege, it is a fundamental right of any detainee. Denying that access undermines due process and fuels legitimate fears about the credibility of the findings."

Meanwhile, the opposition alliance continued its protest sit-in at parliament for a third consecutive day on Sunday to move the ex-premier to the hospital.

The former cricket star-turned-politician has been in prison since 2023 after being convicted in a graft case. He was removed from office in a parliamentary no-confidence vote in April 2022.