The government decided on Friday to slash the prices of petroleum products for the next fortnight citing a decline in rates in the international market.
In his maiden press conference, newly appointed Finance Minister Ishaq Dar announced a price cut of Rs12.63 per litre of petrol.
Following the changes in the prices, petrol will now be available for Rs224.80 per litre from October 1.
Meanwhile, there is also a decrease of Rs12.13 in the price of high-speed diesel, after which the new price will stand at Rs235.30 per litre. The price of light diesel oil will be Rs191.83 after a decrease of Rs10.19 per litre.
How much it will cost to fill the tanks of some of Pakistan’s most popular cars and bikes after the price cut.