Times of Islamabad

Massive Reduction in the petroleum prices across Pakistan by PTI government

Massive Reduction in the petroleum prices across Pakistan by PTI government

ISLAMABAD – Massive Reduction in the petroleum prices across Pakistan byPTI government.

The federal government has officially announced to reduce the prices ofvarious petroleum products for May owing to the unprecedented decline incrude oil prices in the international market.

According to the statement issued by the Ministry of Finance, theGovernment is extending maximum relief to the public. Relief Packagesinclude Economic Stimulus Package, Ehsaas Emergency Relief Programme,Incentive Package for SMEs and many other relief packages.

The latest one is the considerable decrease in the prices of variouspetroleum products ranging from Rs. 15 to Rs. 30 to further facilitate thepublic.

The price of petrol has been brought down to Rs. 81.58 per litre after areduction of Rs. 15 from Rs. 96.58. The price of high-speed diesel has beenreduced to Rs. 80.10 per litre after a reduction of Rs. 27.15 from Rs.107.25.

According to the notification issued, kerosene oil and light diesel will besold at Rs. 47.44 and Rs. 47.51 per litre respectively.

The new prices will be effective starting midnight, the notification said.