Pakistan petrol price reduction
Following the latest revision, the price of diesel now stands at Rs385.54 per litre, while petrol is priced at Rs366.58 per litre. The price of light diesel has also been reduced by Rs25.31, bringing it down to Rs369.72 per litre.
The Prime Minister stated that although there was a proposal to retain part of the benefit from declining global oil prices for government expenditures, he chose to pass the full relief on to the public. He emphasized that since citizens had endured the burden of inflation, they fully deserved this relief.
He also confirmed that the previously announced subsidies for all four provinces, as well as Gilgit-Baltistan and Azad Kashmir, will continue with the support of provincial governments.
This move is expected to ease transportation costs and provide broader economic relief across various sectors.