ISLAMABAD: The government on Thursday reduced prices of petroleum products up to 39 percent in order to pass on the massive decline in international oil prices.
In a statement issued by Finance Division said that the government was extending maximum relief to the public.
The relief packages include economic stimulus package, Ehsaas Emergency Relief Program, Incentive Package for SMEs and many other relief measures.
The latest one is the considerable decrease in the prices of various petroleum products ranging from Rs15 to Rs30 per liter to further faclitate the public.
The new prices coming into effect from May 01, 2020 as follows:
Petrol has been reduced by 15 percent to Rs81.58 from Rs96.58.
High speed diesel has been reduced by 25.31 percent to Rs80.10 from Rs107.25.
Kerosene oil has been reduced by 39 percent to Rs47.44 from Rs77.45.
Light Speed diesel has been reduced by 24 percent to Rs47.51 from Rs62.51.