Govt Cuts Petrol Price by Rs8.47 per Litre

Govt Cuts Petrol Price by Rs8.47 per Litre,A welcome move ahead of Independence Day, Prime Minister Shehbaz Sharif-led government has announced a massive reduction in petroleum prices, providing much-needed relief to the public.

A notification in this regard has also been issued by the finance ministry in which the diesel price also reduced by Rs6.07 per litre.

The decision comes mainly due to a drop in fuel prices in the global market.

The new price of the petrol stands at Rs260.96 per litre while that of diesel, it is Rs266.07 per litre.

The announcement was made in a statement issued by the Ministry of Information on Tuesday.

The fuel price cut comes as a major relief for the masses on the occasion of Independence Day, as the country gears up for the celebration of 77 years of independence tomorrow (August 14)