Ignoring PM's directions, finance ministry makes nominal cut in POL prices
Business
New petrol price would be Rs 268.36 per litre and diesel would be available at Rs 270.22 per litre.
ISLAMABAD (Dunya News) - The government on Friday slashed the fuel prices by up to Rs 4.74 per litre for the next fortnight.
As per the finance ministry notification, the petrol price has been decreased by Rs 4.74 per litre and diesel by Rs 3.86 per litre. The new prices have been implemented from June 1.
Earlier, Prime Minister Shehbaz Sharif had directed the Ministry of Finance to cut the price of petrol by Rs 15.4 per litre and that of diesel by Rs 7.9 per litre.
The government’s pro-people policies have led to a notable decline in inflation and a stabilization of the economy, the prime minister said in a statement released by the PM Office.
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The new petrol price would be Rs 268.36 per litre while diesel would be available at Rs 270.22 per litre. The notification would be implemented from midnight.
The price of light diesel was also decreased by Rs 3.88 to Rs157.29 per litre. The price of kerosene oil was slashed by Rs 1.87 to Rs171.61 per litre.
