Govt Announces Reduction in Petroleum Prices

petrol-price

Islamabad, Pakistan – In a move to provide relief to citizens, Prime Minister Muhammad Shehbaz Sharif has approved a reduction in the prices of petroleum products, effective immediately.

According to a notification issued by the Ministry of Finance, the price of diesel has been decreased by Rs 10.86 per liter, while the price of petrol has been reduced by Rs 6.17 per liter. Additionally, the price of kerosene has been slashed by Rs 6.32 per liter, and light speed diesel by Rs 5.72 per liter.

This decision comes as a welcome respite for consumers who have been facing high fuel prices in recent times. The government’s move is expected to have a positive impact on the overall economy and provide relief to various sectors, including transportation and industry.

The Ministry of Finance has issued a formal notification in this regard, and the new prices will be effective from today.

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