The petrol price in Pakistan has been slashed by Rs10.2 per litre in the latest price cut announced by Prime Minister Shehbaz Sharif’s Office on Friday as a major relief for the inflation-hit masses ahead of Eid ul Adha.
Federal Minister for Information Attaullah Tarar confirmed the development, saying that the new petrol prices will be effective from midnight (June 15).
Sources privy to the development told Geo News that the application of new POL prices was made on the 14th day of this month due to closure of some government departments, including Finance Division.
An official statement released by the Prime Minister’s Office said that the price of high-speed diesel has also been slashed by Rs2.33 per litre to Rs267.89 from the previous price of Rs270.22 per litre.
Later, the Finance Division issued an official notification for the latest price cuts, stating that the new prices will be applicable for the next fortnight.