Islamabad: The government has decided to reduce the prices of petroleum products with immediate effect due to the improvement of economic situation in the country.
According to a spokesperson of PM office, Prime Minister Nawaz Sharif has ordered to pass on the benefit of economic stabilization and appreciation of rupee against dollar to masses.
The price of petrol was reduced by Rs1.72 (1.6 per cent) to Rs108.31 from Rs110.03 per litre and that of high speed diesel by Rs2.90 (2.5 per cent) to Rs113.85 from Rs116.75 per litre.
The price of kerosene, the poor people’s fuel which is mostly used in rural areas, was cut down by Rs5.61 (5.3 per cent) to Rs101.15 from 106.76 per litre.
Likewise, the price of light diesel oil was cut by Rs5.16 (5.1 per cent) to Rs95.06 from Rs100.22 per litre and that of high octane blending component by Rs4.66 (3.3 per cent) to Rs136.57 from Rs141.23 per litre.
Dear TNT Reader,
At The News Tribe, our mission is to bring you free, independent, and unbiased news and content that keeps you informed and empowered. We are committed to upholding the highest standards of journalism, as we understand that we are a platform for truth.
Apart from independent global news coverage, we also commit our unique focus on the Muslim world. In an age marked by the troubling rise of Islamophobia and widespread misrepresentation of Muslims in Western media, we strive to provide accurate and fair coverage.
But to continue doing so, we need your support. Even a small donation of 1$ can make a big difference. Your contribution will help us maintain the quality of our news and counteract the negative narratives that are so prevalent.
Please consider donating today to ensure we can keep delivering the news that matters. Together, we can make a positive impact on the world, and work towards a more inclusive, informed global society.
Donate Monthly Subscription Annual Subscription