Islamabad (HRNW): Prime Minister Shehbaz Sharif has said that following an improving regional economic situation and peace efforts, the government is providing immediate relief to the public in fuel prices.
According to the Prime Minister, petrol prices have been reduced by Rs 74 per litre, while diesel prices have been cut by Rs 67 per litre.
He stated that after this reduction, the new petrol price has decreased from Rs 373 to Rs 299 per litre, while diesel has fallen from Rs 378 to Rs 311 per litre.
The Prime Minister said the government has fulfilled its promise to the people despite difficult conditions, and the relief is being directly passed on to the public.
He added that during global inflation and the oil crisis, the government utilized Rs 129 billion from its own resources to support citizens.
He further said that unlike some countries where fuel rationing measures were introduced, Pakistan did not face fuel shortages or long queues at petrol stations.
The Prime Minister also stated that better coordination between the federal and provincial governments helped stabilize the national economy.
He claimed that Pakistan’s mediation efforts during tensions in the Middle East helped pave the way for regional peace, and a significant memorandum of understanding signed in Islamabad marked a historic development.
He praised Field Marshal Syed Asim Munir, Deputy Prime Minister and Foreign Minister Ishaq Dar, Interior Minister Mohsin Naqvi, and the economic and administrative team for their roles.
The Prime Minister concluded that the government’s top priority is to provide maximum relief to the public and reduce inflation.
