Pakistan announces significant cuts in petrol, diesel prices

A man fills petrol in his rickshaw at a fuel station in Karachi, Pakistan on August 16, 2023. (AFP/File)
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Updated 16 December 2023
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Pakistan announces significant cuts in petrol, diesel prices

  • Prices of petrol, diesel slashed by Rs14 per liter, Rs13.50 per liter respectively
  • Prices of kerosene, light diesel oil slashed by Rs10.14 per liter, Rs11.29 per liter

ISLAMABAD: Pakistan slashed the prices of petroleum products by up to Rs14 per liter on Friday, a statement by the finance ministry said, a move that would likely ease inflationary pressure on the masses as global oil prices dip. 

The price of petrol was slashed by Rs14 per liter while that of high speed diesel was cut by Rs13.50 per liter, the notification by the ministry said. The new prices of petrol and diesel, following the reductions, are Rs267.34 per liter and Rs276.21 per liter respectively for the fortnight.

“Government of Pakistan has decided to revise the prices of Petroleum Products for the fortnight starting from 16. December, 2023, as recommended by Oil and Gas Regulatory Authority (OGRA),” the notification read, without mentioning a specific reason for slashing the prices.

The government also announced a reduction in the prices of kerosene oil, which was cut by Rs 10.14 per liter from Rs 201.16 per liter to Rs 191.02 per liter. Furthermore, the price of light diesel oil (LDO) were slashed by Rs 11.29 per liter from Rs 175.93/liter to Rs 164.64 per liter. 

Though the notification did not specifically state the reasons for the significant reductions, local media reports had predicted the move, attributing it to a significant decline in global oil prices. 

The development also takes place as the Pakistani currency made slight gains against the greenback this week, appreciating by 0.09 percent on Friday, 0.04 percent on Thursday and 0.06 percent on Wednesday. 

Battling rising inflation and dwindling foreign exchange reserves, Pakistan is trying to navigate a path to economic stability after agreeing on a $3 billion IMF loan in July. 


Pakistan says mosque data collection in Indian-administered Kashmir violates religious freedom

Updated 17 January 2026
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Pakistan says mosque data collection in Indian-administered Kashmir violates religious freedom

  • Indian police distributed forms to collect details of mosques, including finances of institutions and personal details of imams
  • The exercise has triggered widespread concern in the territory, with a local leader calling it ‘infringement of the religious freedom’

ISLAMABAD: Pakistan on Saturday condemned reported profiling of mosques and their management committees in Indian-administered Kashmir, calling it “blatant intrusion into religious affairs.”

Police distributed forms to local officials to collect details of mosques, seminaries in Indian-administered Kashmir, including finances of the institutions, personal details of imams and members of management committees, Hindustan Times reported this week, citing residents.

The police referred to the busting of a “white collar terror module” last year, which included an imam, as the reason for the exercise that has triggered widespread concern in the territory, with National Conference leader Aga Ruhullah Mehdi calling it “infringement of the religious freedom.”

Pakistan’s foreign office said the forcible collection of personal details, photographs and sectarian affiliations of religious functionaries amounts to systematic harassment, aimed at “instilling fear among worshippers and obstructing the free exercise of their faith.”

“This blatant intrusion into religious affairs constitutes a grave violation of the fundamental right to freedom of religion and belief, and reflects yet another coercive attempt to intimidate and marginalize the Muslim population of the occupied territory,” the Pakistani foreign office said.

There was no immediate response from New Delhi to the statement.

Kashmir has been divided between Pakistan and India since their independence from Britain in 1947. Both countries have fought two of their four wars over the disputed region, which is ruled in part but claimed in its entirety by both India and Pakistan.

The Pakistani foreign office said the people of Indian-administered Kashmir possess an inalienable right to practice their religion “without fear, coercion or discrimination.”

“Pakistan will continue to stand in solidarity with them and will persist in raising its voice against all forms of religious persecution and intolerance targeting Kashmiris,” it added.