Here’s When Petrol Price in Pakistan Expected to Get Another Hike
There have been reports of a fuel shortage and price increases as a result of the government’s negotiations with the International Monetary Fund (IMF). As a result, people in numerous locations across the nation are hurriedly filling up their gas tanks.
According to recent reports, there are huge lines at gas stations in a number of cities, including Faisalabad, Gujranwala, Sargodha, Khushab, Gojra, and Chillas.
According to reports, some gas stations only give motorbike and automobile owners Rs. 200 and Rs. 500 worth of fuel, respectively, while other outlets say they are out of fuel entirely.
The owners of gas stations assert that the supply has been constrained by petroleum product dealers. As a result of decreasing foreign exchange reserves, banks have stopped providing financing and facilitating payments for imports.
Musadik Malik, the state’s minister of petroleum, has warned gas station owners not to frighten the people and disregarded the possibility of an instant hike in gasoline prices. Before February 15, he said, “There is no likelihood of a fuel price increase.”
Read More: Efforts on to Reopen Khar-Barang Road
According to the methodology used by the federal government on the aforementioned date, new gas prices will be set. The rumors’ of a fuel scarcity were officially denied by the federal minister. He continued by saying that some people might be stockpiling fuel and threatened them with harsh punishment.
For more updates, stay tuned to Al Sadat Marketing News!
You can also invest in other famous and most in demand housing societies, such as , Blue World City, Rudn Enclave, 7 Wonders City Peshawar, Taj Residencia, Kingdom Valley, New Metro City Gujar Khan, Forest Town Rawalpindi, University Town Rawalpindi, ICHS Town, Park View City Islamabad, Multi Gardens B17 Islamabad and Nova City Islamabad.
Few more real estate housing schemes which are trending now a days in Islamabad by including: Faisal Town Phase 2, Prism Town Gujar Khan, New City Paradise, Eighteen Islamabad, 7 Wonders City Islamabad, Capital Smart City, Silver City Islamabad, The Life Residencia, Faisal Town Islamabad, Islamabad Golf City, Islamabad Model Town and Marble Arch Enclave.
Al Sadat Marketing is an emerging Real Estate Agency headquartered in Islamabad, Pakistan. With over 10+ Years of experience, Al Sadat Marketing is providing its services and dealing all trending housing societies projects in different cities of Pakistan. Islamabad Projects, Rawalpindi Projects, Gujar Khan Projects, Burhan Projects, and Peshawar Projects etc.
Book Your Plot Now: +92 331 111 0005