A sigh of relief for inflation-stricken masses as Prime Minister Shehbaz Sharif-led government on Sunday announced a massive reduction in petrol and diesel prices from September 16 for the next fortnight.
According to a notification issued by the Finance Ministry, the price of petrol has been reduced by Rs10 per litre, while high-speed diesel (HSD) has seen a reduction of Rs13.6 per litre.
With the adjustment, the price of petrol now stands at Rs249.10 per litre, while the new price of high-speed diesel is set at Rs249.69 per litre.
The government also announced a reduction in kerosene oil prices by Rs11.15 per litre, bringing the new rate to Rs158.47 per litre.
The reductions will be effective for the next fortnight, providing temporary relief to consumers as global fuel prices fluctuate.
