Despite Expectations, No Change in Petrol Price in Pakistan
Despite expectations and reports of a reduction, the petrol price in Pakistan will remain unchanged for the next fortnight, effective April 16, 2025. According to a notification from the Finance Ministry, “the government has decided to maintain the prices of petroleum products at the current level.”
Petrol Price in Pakistan
Here are the details:
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MS Petrol: The petrol price remains at Rs. 254.63 per liter, unchanged from the previous price set on March 29, 2025.
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High-Speed Diesel (HSD): Similarly, the price of high-speed diesel also remains constant at Rs. 258.64 per liter.
Product | Previous Price (Rs./liter) | New Price (Rs./liter) | Change (Rs.) |
---|---|---|---|
Petrol (MS) | 254.63 | 254.63 | 0 |
High-Speed Diesel | 258.64 | 258.64 | 0 |
Earlier Expectations
Earlier media reports suggested a massive drop in fuel prices in Pakistan. As per details, a proposal suggested a reduction of Rs. 8.27 per litre for petrol, meaning the cost would have decreased from Rs. 255.63 to Rs. 246.36. Meanwhile, a drop of Rs. 6.96 per litre was proposed for High-Speed Diesel (HSD), which would have reduced the price from Rs. 258.64 to Rs. 251.68, but the government decided to keep the prices unchanged.
Increased Petrol Levy
Last month, the government increased the petrol levy on petroleum products to meet its ambitious levy collection target of Rs. 1.281 trillion for the current fiscal year. By retaining fuel prices, the government aimed to generate additional revenue to address other pressing economic challenges.
The government significantly increased the petroleum levy on various fuel products. Effective March 16, the levy on petrol and high-speed diesel (HSD) was raised by 16.67%, from Rs. 60 to Rs. 70 per litre. Similarly, the levy on kerosene oil saw a dramatic hike of Rs. 10.91 per litre, jumping from a mere Rs. 0.05 to Rs. 10.96 per litre. Light diesel oil also experienced an increase, with the levy rising to Rs. 7.75 per litre.
What do you think about the unchanged petrol price in Pakistan? Do you believe it is justified? Please share your thoughts with us in the comments section.