Pakistan's Finance Ministry announced on January 29 that gasoline and diesel prices would rise by $0.14 a liter after the country's currency plummeted in value this week when price caps were removed. Finance Minister Ishaq Dar said he hoped the announcement would dispel speculation on social media of a higher price hike or that gasoline supplies would run dry. He said the hike was recommended by oil and gas authorities due to the higher cost of buying energy in the global market. To read the original story by Reuters, click here.
Editors' Picks
RFE/RL has been declared an "undesirable organization" by the Russian government.
If you are in Russia or the Russia-controlled parts of Ukraine and hold a Russian passport or are a stateless person residing permanently in Russia or the Russia-controlled parts of Ukraine, please note that you could face fines or imprisonment for sharing, liking, commenting on, or saving our content, or for contacting us.
To find out more, click here.