#Petrolprice jacked up by Rs24 per litre

Miftah Ismail, the finance minister, made the news at a press conference in Islamabad, stating that the government was no longer able to support additional subsidies.

The finance minister claimed that this was mostly the responsibility of the current administration, noting that Pakistan was currently losing money on each litre of gasoline, diesel, kerosene, and light diesel oil, totaling Rs24.3, Rs59.16, Rs39.49, and Rs39.16, respectively.