Pakistan hikes petrol price by Rs1 per liter till next fortnight 

A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi, Pakistan, on September 16, 2023. (REUTERS/File)
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Updated 02 June 2025
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Pakistan hikes petrol price by Rs1 per liter till next fortnight 

  • Pakistan says increased price of petrol as per recommendations of regulatory authority, relevant ministries
  • Prices of petroleum products are reviewed and adjusted on a fortnightly basis to reflect import costs

ISLAMABAD: Pakistan’s government has decided to increase the price of petrol by Rs1 per liter till the next fortnight as per the recommendations of the Oil and Gas Regulatory Authority (OGRA) and relevant ministries, the Finance Division announced recently. 

Petrol is primarily used in Pakistan for private transportation, including small vehicles, rickshaws and two-wheelers. Diesel, on the other hand, powers heavy vehicles used for transporting goods across the country.

“The government has decided the following prices of petroleum products for the fortnight starting tomorrow, based on the recommendations of OGRA and the relevant ministries,” the Finance Division said in a statement on Saturday. 

After the latest revision in prices, a liter of petrol will cost Rs253.63 while the government has kept the rate of diesel unchanged at Rs254.64 per liter. 

Fuel prices in Pakistan are reviewed and adjusted on a fortnightly basis. This mechanism ensures that changes in import costs are reflected in consumer prices, helping to sustain the country’s fuel supply chain.

The Finance Division kept the price of petrol unchanged and slashed the rate of high-speed diesel by Rs2 per liter during its last review on May 16. 

The new price of petrol has already taken effect.
 


Pakistan PM expresses solidarity with Morrocco as building collapse kills 22

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Pakistan PM expresses solidarity with Morrocco as building collapse kills 22

  • Two adjacent four-story buildings, housing eight families, collapsed in Morocco’s Fez city on Wednesday
  • Such building collapses are not uncommon in Moroccan cities that are undergoing rapid population growth

ISLAMABAD: Prime Minister Shehbaz Sharif expressed solidarity with Morocco and prayed for rescue efforts on Thursday as 22 people were reported dead after two buildings collapsed in the country’s Fez city. 

Morocco’s state news agency, MAP, reported on Wednesday that two adjacent four-story buildings, which housed eight families, collapsed overnight in Fez. Sixteen people were injured and taken to the hospital as authorities said the neighborhood had been evacuated, and search and rescue efforts were ongoing. 

Moroccan authorities said they had opened an investigation into the incident, while MAP reported that the structures were built in 2006 during an initiative called “City Without Slums.”

“My heartfelt condolences to the bereaved families and prayers for the swift recovery of the wounded,” Sharif wrote on social media platform X. “We stand in solidarity with the Government and people of Morocco in this hour of grief, and pray for the success of the ongoing rescue efforts.”

https://x.com/CMShehbaz/status/1998940192879911417

Such building collapses are not uncommon in Moroccan cities undergoing rapid population growth. A collapse in May in Fez killed 10 people and injured seven in a building that had been slated for evacuation, according to Moroccan outlet Le360.

Building codes are often not enforced in Morocco, especially in ancient cities where aging, multifamily homes of cinderblock are common. 

Infrastructure inequality was a focus of protests that swept the country earlier this year, with demonstrators criticizing the government for investing in new stadiums instead of addressing inequality in health care, education and other public services.

With additional input from AP