ISLAMABAD: Pakistan’s government announced on Wednesday a reduction in the price of petrol by PKR 2 per litre for the next fortnight, effective May 1, 2025.
According to the notification of the Finance Division, the petrol will be available at PKR 252.63 per litre.
Similarly, the price of high-speed diesel (HSD) has also been cut by PKR 2 per litre, setting the new price at PKR 256.64 per litre.
The notification did not mention any changes in the prices of kerosene oil and light diesel oil.
Impact on consumers
Petrol remains the primary fuel for private transport, motorcycles, rickshaws, and small vehicles.
The middle and lower-middle classes are particularly affected by fuel price fluctuations, as petrol accounts for a significant share of their commuting expenses.
Meanwhile, high-speed diesel (HSD) plays a crucial role in the country’s transportation and agriculture sectors.
It is widely used in heavy goods transport vehicles, buses, trains, and agricultural machinery such as tractors, tube wells, and threshers.
Any fluctuation in its price tends to impact the cost of transporting essential goods, particularly vegetables and food items, thereby influencing overall inflation.
