The biggest securities brokerage and investment bank in Pakistan, Arif Habib Limited, estimates that as of February 1, 2023, the price of gasoline will be Rs. 288.03 per litre and that of high-speed diesel (HSD) will be Rs. 323.29 per litre.
What price the government will set at the end of the month is still up in the air. The amount of the government’s proposed gasoline levy will have a significant impact on the price increase.
What price the government will set at the end of the month is still up in the air. The amount of the government’s proposed gasoline levy will have a significant impact on the price increase.
In light of the chilly weather, Pakistan’s Finance Minister Ishaq Dar had already stated that gasoline rates would not change for the remainder of January 2023. Although prices have remained constant throughout January, it appears that this good fortune has not lasted long.
