Prime Minister Shehbaz Sharif has announced on Friday a reduction of Rs22 per litre in the prices of petrol and high-speed diesel each.
The new price of petrol has been fixed at Rs381.78 per litre. High-speed diesel has been set at Rs380.78 per litre after the latest revision.
The announcement was made on the third day of Eid-ul-Azha, described as a relief for the public. The government stated that the decision has been taken to provide relief to citizens under difficult economic conditions.
It said that reductions were also made in the previous week in petroleum prices.
The statement added that subsidies have been provided to users of public transport, goods transport, motorcyclists and rickshaw drivers.
The prime minister was quoted as saying that providing relief to the public remains a top priority of the government.
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