ISLAMABAD: The government cut the cost of petrol by Rs5 per litre on Tuesday.
Ishaq Dar, the minister of finance, made the announcement on Thursday, after which petrol will cost Rs267.
Until the next review, the price of diesel would remain at Rs280 per litre, according to the finance czar.
Kerosene oil’s price per litre was lowered by 15 rupees to Rs187.73. The cost of Low Speed Diesel has also decreased by Rs12 per litre to Rs186.86 per litre.
On March 1, the new prices will take effect.