Now petroleum prices to be revised after 15 days

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Govt set to hike prices of petrol and diesel

Islamabad: The Economic Coordination Committee (ECC) has approved revision in the prices of petroleum products after every 15 days.

A meeting of the Economic Coordination Committee of the Cabinet was held in Islamabad under the chairmanship of Finance Advisor Hafeez Sheikh.

The meeting approved a fortnight revision in the prices of petroleum products instead of a month.

According to the ECC statement, the decision will take effect from August 15 after the approval of the cabinet.

After the approval of Prime Minister Imran Khan last month, the prices of petroleum products were increased to Rs25 per liter, after which petrol is being sold at Rs100.10 per liter and diesel at Rs101.46 per liter.