The Ministry of Finance (MoF) has proposed an increase in the prices of petrol by Rs 13.07 to Rs 119.07, and in the prices of high speed diesel by Rs 11.03 to Rs 121.27. The summary proposes that the change be effective from January 16.

The summary has been submitted to Prime Minister Imran Khan, who will now take the final decision.

A copy of the summary proposing the change is available with The Correspondent.

More to follow.

Hamza Habib is a senior journalist and former editor of correspondent.pk who has previously worked for leading newspapers and TV networks of the country. He mainly writes on the economy and political issues.

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