ISLAMABAD: Prime Minister Shehbaz Sharif has announced a major reduction in fuel prices, providing much-needed relief to the public amid rising inflation.
In a televised address, the prime minister confirmed that new fuel prices will be effective from April 11, following a decline in global oil rates
📉 New Fuel Prices in Pakistan
- Petrol: Rs366.58 (↓ Rs11.83)
- Diesel: Rs385.54 (↓ Rs134.81)
- Kerosene Oil: Rs450.15 (↓ Rs17.33)
- Light Diesel Oil: Rs369.72 (↓ Rs25.31)
Reason Behind Price Cut
The government stated that the reduction comes due to fall in international oil prices, allowing authorities to pass relief directly to consumers.
🔥 Public Relief Expected
The sharp cut in diesel price is expected to:
- Reduce transportation costs
- Lower prices of essential goods
- Provide relief to industries and farmers
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