Finance Minister Ishaq Dar made a significant announcement on Wednesday, bringing relief to the citizens of Pakistan. He revealed that the price of petrol has been reduced by Rs.8 per liter, while high-speed diesel (HSD) witnesses a decrease of Rs.5 per liter for the next 15 days.
Much needed relief
This decision is likely to alleviate the burden on the general public, who have been grappling with rising fuel costs. Following the adjustment, the revised prices of petrol and HSD stand at Rs.262 and Rs253 per liter, respectively. The reduction in petrol prices will be welcomed by commuters and businesses alike, as it will positively impact transportation costs and overall economic activity.
Finance Minister Ishaq Dar’s announcement demonstrates the government’s commitment to providing some relief to the citizens amidst the challenging economic climate. By curbing fuel prices, the government aims to stimulate economic growth, reduce inflationary pressures, and improve the purchasing power of the people.
Also read: Govt Slashes Petrol Price By Rs.12/Litre, New Price Set At Rs.270/Litre Till 31st May
This decision to lower fuel prices is a step towards ensuring a more stable and affordable environment for the Pakistani population, which is crucial for sustainable development and progress.
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