ISLAMABAD (Dunya News) – The federal government has announced a significant reduction in petrol and diesel prices, offering relief to the public on the third day of Eid.
In a statement issued by the Prime Minister’s Office, it was said that Prime Minister Shehbaz Sharif had promised the nation that relief would be provided as soon as fiscal space became available, and the government has now fulfilled that commitment.
The statement confirmed that petrol prices have been reduced by Rs22 per litre, while diesel prices have also been cut by Rs22 per litre.
With the reduction of Rs22, the new rate of petrol is Rs381.78 and diesel will be sold at Rs380.78 per litre.
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Prime Minister Shehbaz Sharif said that providing relief to the public remains his top priority, adding that the government had already announced similar reductions last week.
The statement further noted that even in difficult economic conditions, the government continued to provide relief for consumers, including subsidies for public transport, goods transport, motorcyclists, and rickshaw users.
It also highlighted that Pakistan ensured fuel availability at a time when queues were seen in other countries, crediting timely government decisions for maintaining supply.
The press release added that during the global oil crisis, despite rising international prices, the government prevented sharp increases in domestic fuel rates by providing subsidies exceeding Rs130 per litre, passing relief directly to the public.