The fiscal year 2024 has broken all records for increases in petroleum product prices.

In this financial year, all records of increase in the prices of petroleum products were broken.

Due to the conditions of the International Monetary Fund (IMF), for the first time in history, a levy of 60 rupees was imposed on petrol and diesel, the prices of petrol and diesel also reached the highest level in the history of the country.

After the overall decrease, petrol became expensive by 6 rupees 36 paisa and diesel by 9 rupees 72 paisa per liter. During the current fiscal year, electricity consumers were burdened by more than 1700 billion rupees through electricity tariff and adjustment charges. The huge increase in the price of gas has added to the hardships of the people due to inflation.

At the beginning of the current financial year 2023-24, the price of petrol per liter was Rs 262 and diesel was Rs 260 50 paise, now near the end of the financial year, the price of petrol per liter is Rs 268 36 paise and diesel is Rs 270 22 paise.

On September 16, 2023, in the current financial year, during the caretaker government, petrol reached the highest level in the country’s history at 331 rupees 38 paise and diesel at 329 rupees 18 paise per liter.

In the year 2024, the citizens were under the influence of the continuous increase in electricity prices, the burden of more than 1700 billion rupees was put on the consumers, including 700 billion rupees through the increase in the basic electricity tariff, 335 billion rupees through the permanent surcharge. More than 700 billion rupees of monthly and quarterly adjustments are included.

In this financial year, gas has been increased twice, on November 1, 2023, the price of gas was increased up to 172% for domestic consumers. Along with this, fixed charges on non-protected customers have also been increased from Rs 460 to Rs 2000 thousand.