ISLAMABAD: Newly appointed Finance Minister Ishaq Dar on Friday slashed the price of petrol by Rs12.63 per litre, giving massive relief to the inflation-stricken people of the country.
Addressing his maiden press conference as the finance minister, Dar said that the decision to reduce the prices of petroleum products has been taken after consultation with Prime Minister Shehbaz Sharif.
It should be noted that the new prices will come into effect at midnight tonight.
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.