In a major move to ease the burden on citizens, Prime Minister Shehbaz Sharif has approved a massive reduction in the prices of petroleum products, bringing relief to consumers across the country.
According to an official notification issued by the Ministry of Finance, the price of petrol has been decreased by Rs 6.17 per liter, bringing it down to Rs 269.77. Similarly, diesel prices have been slashed by Rs 10.86 per liter, with the new price set at Rs 272.77.
The government has also provided relief to users of light diesel and kerosene. The price of light diesel has been reduced by Rs 5.72 per liter to Rs 160.53, while kerosene will now cost Rs 177.39 per liter, after a decrease of Rs 5.72.
These reductions come into effect immediately, replacing the previous prices of Rs 275.60 for petrol, Rs 283.63 for high-speed diesel, Rs 183.71 for kerosene, and Rs 166.25 for light diesel.
These changes are expected to ease the financial burden on consumers and provide a boost to the economy. The reduction in fuel prices is part of the government's ongoing efforts to address the cost of living and enhance affordability for the general public.
