KARACHI: The government on Friday announced a reduction in the per liter prices of petrol and high-speed diesel by Rs10.2 and Rs2.33, respectively, in a move described as a “major Eid gift” for people by Prime Minister Shehbaz Sharif’s administration.
Pakistan sets fuel prices on a fortnightly basis, adjusting for fluctuations in the international energy market and rupee-dollar parity, allowing the government to pass on the effects to consumers.
Two weeks ago, the prime minister promised substantial relief, saying his administration would cut the costs of petrol and diesel by Rs15.4 and Rs7.9, respectively.
However, the notification released by the finance division surprised everyone, as it only reduced the per liter prices of petrol and diesel by Rs4.74 and Rs3.86.
“The prices of Petroleum products have seen a mixed trend in the international market during the last fortnight,” said the finance division in the latest notification. “The Oil & Gas Regulatory Authority (OGRA) has worked out the consumer prices, based on the price variations in the international market.”
The notification listed down the new petrol and diesel prices applicable from Saturday, June 15, as Rs258.16 and Rs267.89, reflecting the decrease of Rs10.2 and Rs2.33, respectively.
“On the occasion of Eid Al-Adha, Prime Minister Muhammad Shehbaz Sharif announces a major Eid gift for the public,” the government announced in a social media post. “There is a significant reduction in the price of petrol by 10 rupees and 20 paise per liter, and a decrease in the price of diesel by 2 rupees and 33 paise per liter.”
“So far, a total relief of 35 rupees per liter on petrol has been provided to the public,” it added.
https://x.com/GovtofPakistan/status/1801684952314175803
Fuel prices are crucial in every economy, and they have become particularly significant for Pakistan, which has experienced high inflation recently.
This situation has transformed fuel pricing into not only an economic issue but also a politically sensitive one, as it impacts the cost of living and influences public sentiment toward the government.
Pakistan announces ‘major Eid gift’ for public by reducing petrol price by over Rs10 per liter
https://arab.news/nmq5n
Pakistan announces ‘major Eid gift’ for public by reducing petrol price by over Rs10 per liter
- Government sets fuel costs on a fortnightly basis after reviewing international prices, rupee-dollar parity
- PM Sharif’s administration says it has so far given a total relief of Rs35 rupees on petrol to Pakistani people
Australia arrive in Lahore for three-match T20I series against Pakistan
ISLAMABAD: The Australian cricket team arrived in the Pakistani city of Lahore on Wednesday ahead of a three-match men’s Twenty20 International series against the host nation, the Pakistan Cricket Board (PCB) said.
The first T20I will be played on Jan. 29, followed by the second on Jan. 31, with the final match scheduled for Feb. 1. All matches will start at 6 p.m. local time and be played at Lahore’s Qaddafi Stadium.
The series is expected to provide crucial game time for both teams ahead of the International Cricket Council (ICC) Men’s T20 World Cup 2026, where the sides have been drawn in separate groups.
“Australia team arrives in Lahore for the three-match T20I series against Pakistan,” the PCB said in a video post on X.
Australia is resting five top players including Pat Cummins, Glenn Maxwel, Josh Hazlewood, Tim David and Nathan Ellis, who are being replaced by Sean Abbott, Mahli Beardman, Ben Dwarshuis, Jack Edwards, Mitch Owen, Josh Phillippe and Matt Renshaw.
The upcoming series will mark Australia’s third tour of Pakistan since 2022, when the two sides played a three-match Test and One Day International (ODI) series, followed by a lone T20I that Australia won.
Australia also played three matches of the ICC Champions Trophy 2025 in Pakistan.
Pakistan last featured in a three-match T20I away series in Sri Lanka, which ended in a 1–1 draw after the second match was washed out by rain.
Pakistan squad: Salman Ali Agha (capt), Abrar Ahmed, Babar Azam, Faheem Ashraf, Fakhar Zaman, Khawaja Mohammad Nafay (wk), Mohammad Nawaz, Mohammad Salman Mirza, Mohammad Wasim Jr., Naseem Shah, Sahibzada Farhan (wk), Saim Ayub, Shaheen Shah Afridi, Shadab Khan, Usman Khan (wk) and Usman Tariq
Australia squad: Mitchell Marsh (capt), Sean Abbott, Xavier Bartlett, Mahli Beardman, Cooper Connolly, Ben Dwarshuis, Jack Edwards, Cameron Green, Travis Head, Josh Inglis, Matthew Kuhnemann, Mitch Owen, Josh Philippe, Matthew Renshaw, Matthew Short, Marcus Stoinis, Adam Zampa
