Petrol and Diesel Prices in Pakistan May Drop from August 15
Pakistani citizens may soon receive good news as the government plans to lower petrol and diesel prices from August 15, 2024. This expected decrease could bring much-needed relief to the public, who have been grappling with rising living costs.
The Oil and Gas Regulatory Authority (OGRA) is currently finalizing recommendations for the new fuel prices. Once completed, OGRA will submit these recommendations to Finance Minister Ishaq Dar. He, along with Prime Minister Shehbaz Sharif, will decide on the final prices. If approved, the new rates will take effect on August 16, 2024.
Reports suggest that the price of petrol might drop by more than Rs9 per litre, while diesel could see a reduction of around Rs8.5 per litre. Kerosene, widely used in rural areas, might experience the largest d...