Wednesday, May 22, 2024

Breaking! Govt Reduces Petrol Price by Rs. 5.45, New Price Rs. 288.49

In response to recent economic considerations, the price of petrol in Pakistan has witnessed a significant reduction of Rs5.45 per liter.

This adjustment, proposed in accordance with recommendations from the Oil and Gas Regulatory Authority (Ogra), brings the price down from Rs293.94 to Rs288.49 for the upcoming two-week period.

The decision to lower petrol prices aims to alleviate the financial burden on consumers and align with ongoing efforts to manage the cost of living in the country. Effective from May 1, the revised prices were formally announced through a notification issued by the Finance Division on Tuesday, marking a welcomed change for motorists and households across Pakistan.

This reduction not only reflects the government’s responsiveness to economic dynamics but also underscores its commitment to ensuring affordability and accessibility of essential commodities for the public.

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