Caretaker Minister for Information, Murtaza Solangi, has hinted at a potential reduction in petrol prices during the next fortnight’s price review, owing to a significant strengthening of the Pakistani rupee against the US dollar. Solangi’s statement comes as welcome news for consumers in Pakistan, who have been grappling with rising fuel costs.
Good news for Pakistanis?
Speaking to the media at the Karachi Press Club, Murtaza Solangi expressed optimism about the forthcoming announcement, stating, “There are enough chances that the fuel prices will come down in the next announcement.”
This potential decrease in petrol prices could provide much-needed relief to citizens who rely on fuel for various aspects of their daily lives.
Also read: Caretaker Government Raises Petrol Price Again By Rs.26, Reaches Historic High
Solangi attributed the strengthening of the Pakistani rupee, with gains of Rs30 to Rs35 against the US dollar, to the proactive administrative measures undertaken by the caretaker government in recent days. As Pakistan eagerly awaits the price revision, the prospect of more affordable fuel brings hope for reduced living costs and improved economic stability.
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