Islamabad, Jan. (TNS): Consumers are likely to face hike of 11.4 per cent increase in the price of high speed diesel (HSD) widely used in different sectors in the country, effective from February 1, 2018.
The OGRA in its summary recommended a hike in prices of petrol and diesel by Rs2.98 and Rs10.25 per litre respectively.
Similarly, Rs12.74 and Rs11.72 increase was recommended in the prices of kerosene oil and light diesel respectively.
The price hike for diesel and petroleum products was recommended on the basis of 31 and 17 per cent GST.