A major reduction in petrol and diesel prices has been announced in Pakistan

Prime Minister Shehbaz Sharif announced a major reduction in the prices of petrol and diesel.

Petrol Price

Complete Story Petrol and Diesel Price Reduction in Pakistan

The Prime Minister's statement said that the price of petrol is being reduced by Rs 74 and the price of diesel by Rs 67.

Prime Minister Shehbaz Sharif said that he is going to fulfill the promise he made to the nation, thank God.

The Prime Minister said that the price of petrol per liter will be reduced from Rs 373 to Rs 299, while the price of diesel per liter will be reduced from Rs 378 to Rs 311.

The Prime Minister said that the difficulties of the people are well understood, the people have shown unparalleled patience in difficult situations, we are deeply grateful to the people for supporting the government in difficult situations.

The Prime Minister said that from the beginning of this crisis, we have tried to reduce oil prices as much as possible with our own resources, and have taken steps to protect the public from the global wave of inflation as much as possible.

In his statement, Shehbaz Sharif said that the reduction in oil prices in the global market is being passed on to the public, and effective measures will continue to be taken to maintain economic stability and further reduce inflation.

Prime Minister Shehbaz Sharif said that austerity was adopted at the government level throughout the crisis, subsidies were also provided to the deprived classes as relief throughout the crisis, and providing maximum relief to the public is the government's top priority.

The Prime Minister said that peace was possible due to Pakistan's mediation in the tense situation in the Middle East. Allah Almighty honored Pakistan and the Islamabad Memorandum of Understanding was signed, which is a historical document. Allah Almighty bestowed this honor and respect on all Pakistanis with His great kindness.

Shahbaz Sharif further said that Field Marshal Asim Munir deserves special congratulations. This peace agreement was possible due to the Field Marshal's tireless work and professional ability. I pay tribute to Ishaq Dar, Mohsin Naqvi and the entire team of the Government of Pakistan.

The Prime Minister said that 129 billion was used through development budget and thrift savings, providing relief to the people of the country to the extent possible from the huge increase in oil prices.

Shahbaz Sharif said that during the economic situation in the region, when measures like fuel rationing were being taken in some countries, thanks to the good planning of the Government of Pakistan, there was no energy crisis in the country. Thanks to effective measures, no lines were cut, nor did the people face any shortage of petroleum products.

The Prime Minister said that the federation and the provinces have fully cooperated to keep the country's economy stable. I am grateful to the provincial Chief Ministers for their full cooperation.

Source: geonews