Petrol and diesel prices reduced by Rs22 per litre

The federal government has decided to reduce petroleum prices on the third day of Eid, offering significant relief to consumers across the country.

According to a statement issued by the Prime Minister’s Office, the prices of both petrol and diesel will be reduced by Rs22 per litre.

Prime Minister Shehbaz Sharif stated that providing relief to the public remains one of his top priorities, particularly amid ongoing economic challenges and rising living costs.

"Even in the most stringent circumstances, the federal government continued the series of relief for the public and provided subsidies on fuel for public/goods transport and for those using motorcycles and rickshaws," it said.

During the worst global oil crisis, the prime minister provided a subsidy of over Rs130 per litre, preventing an increase in domestic fuel prices and extending relief to consumers, the PMO statement added.

The reduction in fuel prices is expected to ease transportation expenses and provide some financial relief to households and businesses alike.

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