Caretaker government drops yet another ‘petrol bomb’ ahead of polls

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ISLAMABAD: The caretaker government has increased petroleum product prices effective from midnight today ahead of elections 2018.

The petrol price has been hiked by Rs7.54 per litre, diesel by Rs14 per liter, Kerosene oil Rs3.36 and light diesel by Rs5.92 per liter.

With the latest increase, the new retail price of petrol would be Rs99.50 per liter, diesel Rs119.31 per liter, light diesel Rs80.91 and Kerosene oil Rs87.7 per liter.

This is second time the caretaker government hiked POL prices.

According to the governments official statement, prices of petroleum products have been increased due to difficult financial conditions.