ISLAMABAD: Petrol prices have been reduced by Rs10.46 per litre, Express News reported on Friday.
While diesel prices have been reduced by Rs6.08 per litre.
During a press conference, Federal Information Minister Qamar Zaman Kaira said that the government made these reductions keeping in mind the current situation.
He also said that the provincial governments and relevant authorities should make sure that transport fares are adjusted accordingly.
“The reductions made are substantial and the benefits should reach the common man,” he stressed.
As reported earlier, President Asif Ali Zardari and Prime Minister Yousaf Raza Gilani had issued directives for reduction in prices of petroleum products and compressed natural gas (CNG).
Ministry of Petroleum and the All Pakistan CNG Association also reached a consensus on pricing and gas outages which helped bring a week long strike by the station owners across Pakistan to an end.
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