Government Slashes Fuel Prices to Ease Inflation Woes
In a welcome relief for those struggling with high inflation, the government led by Prime Minister Shehbaz Sharif has announced significant cuts in fuel prices effective from September 16 for the next two weeks.
The Finance Ministry’s notification reveals that the price of petrol has been lowered by Rs10 per litre, and high-speed diesel (HSD) has been reduced by Rs13.6 per litre. With this adjustment, petrol will now cost Rs249.10 per litre, and high-speed diesel will be priced at Rs249.69 per litre.
Additionally, the price of kerosene oil has been reduced by Rs11.15 per litre, making the new rate Rs158.47 per litre.
These reductions are intended to offer some temporary relief to consumers amid the ongoing fluctuations in global fuel prices.
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