Tag Archives: Govt cuts petrol

ISLAMABAD: The federal government on Friday announced a cut of around five per cent in the prices of all petroleum products for the next fortnight. The relief, which has been extended after a tacit nod from the International Monetary Fund (IMF), was announced by Finance Minister Ishaq Dar at a news conference after consultation with Prime Minister Shehbaz Sharif.   …

ISLAMABAD: Amid dec­­lining trend on international markets, the government on Saturday reduced petroleum prices by Rs5-7 per litre for March. A notification issued by the Ministry of Finance said the prices of petrol and diesel have been cut by Rs5 each per litre to Rs111.60 and Rs122.26 respectively. The Oil and Gas Regul­atory Authority (Ogra) had calculated about Rs15 per …