The federal government announced on Tuesday that fuel prices will stay the same for the next two weeks, with the saved funds to be invested in infrastructure development.
During a cabinet meeting in Islamabad, Prime Minister Shehbaz Sharif stated that the government has chosen not to transfer the relief from declining global fuel prices to the public. Instead, the savings will be used to address national challenges and support critical projects.
He said a key focus would be upgrading Balochistan’s N-25 highway—connecting Chaman, Quetta, Kalat, Khuzdar, and Karachi—into a dual carriageway, developed to motorway standards.
Following this decision, petrol will remain priced at Rs254.63 per litre, and high-speed diesel at Rs258.64 per litre.
Earlier, the PM announced that petroleum prices would be reduced today.
He also shared that electricity prices have been cut by Rs 7.50 per unit, benefiting all consumers, including businesses, with the help of the finance and energy ministries.
It should be noted that consumers in Pakistan expected up to Rs. 8 per liter reduction in petroleum prices following a huge decrease in the oil prices in the international market, but government opted no to transfer this reduction to the public.
