The Central Organization of Traders, or Markazi Tanzeem-e-Tajiran, condemned an additional increase in the cost of petroleum (POL) goods on Tuesday.
Details state that the head of the traders, Kashif Chaudhry, declared: “The country will witness the tsunami of inflation with the increase in the price of the POL products.”
“It has already become challenging to continue the business activities due to the current prices of power and gas,” Chaudhry stated.
The government of Prime Minister Shehbaz Sharif had already declared a sharp rise in the cost of gasoline and diesel.
The most recent notification states that the price of gasoline has risen by Rs 9.99, hitting a record high of Rs 275.60 per liter.
In a similar vein, the price of high-speed diesel has increased significantly by Rs 6.18 per liter to Rs 283.63.
