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Increase in Petroleum Prices On Eid Likely

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Government has completed preparation to increase prices of the petroleum goods while the Ministry of Finance after consultation with Prime Minister Imran Khan will decide about changes in the prices of petroleum goods.

Sources said that Rs seven increase in petrol prices is likely while an increase of Rs nine is recommended for prices of high-speed diesel.

Sources added that an increase of Rs 6 recommended for prices of kerosene oil and light diesel.

If the government upholds taxes and levy on petrol and diesel it will increase inflation in the society.

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