Govt reduces petrol price by Rs1.7 per litre, HSD by Rs3.12 per litre

The Pakistani government has announced a reduction in the prices of petrol and high-speed diesel (HSD) in response to rising fuel costs amid the ongoing Middle East conflict. Petrol prices will now retail at Rs392.05 per litre, down from Rs458.41, while HSD will cost Rs418.96 per litre, down from Rs520.35. The government continues to levy taxes and duties at Rs114 per litre for petrol and Rs100 per litre for diesel.

This price revision comes into effect from September 23 (Wednesday). In addition to the price cuts, the government has implemented austerity measures, including closing markets by 9pm and reducing fuel allocations for official vehicles by 50 per cent for three months. Prime Minister Shehbaz Sharif also announced a relief scheme for users of motorcycles, autos, and vehicles up to 800cc.

Brief written by urgent.news from Dawn's own syndicated text. Machine-written — may contain errors; check the original before relying on it.