ISLAMABAD – The government of Pakistan has announced a significant reduction in fuel prices, cutting petrol and diesel rates by Rs22 per litre each, providing major relief to inflation-hit consumers.
The announcement was made by the Prime Minister’s Office, which confirmed that the revised prices will take effect immediately as part of the government’s latest adjustment in petroleum rates.
According to the official statement, the decision comes amid changing global oil prices and efforts to pass on the benefit of reduced international crude rates to the public. The move is expected to ease transport costs and bring some relief to household budgets and inflationary pressure in the country.
More to follow….
