Islamabad (HRNW) The government has decided to reduce petrol and diesel prices across the country by Rs1.5 and Rs3 per litre respectively, Finance Minister Hammad Azhar said Wednesday.
In a media briefing after a meeting of the Economic Coordination Committee, he said that the minimum support price of wheat has been decided at Rs1,800 in a bid to bring relief to farmers.
The new prices will be effective from April 1. On Tuesday, the Oil and Gas Regulatory Authority sent a summary to the government recommending a Rs1.5 and Rs2.5 decrease in the prices of petrol and diesel.
A liter of petrol will now cost Rs110.35 across Pakistan.
The prices of sugar are rising across the world. “Pakistan has decided to import 500,000 tonnes of sugar from India to meet the shortage in the country and provide price stability,” Azhar said.
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