Prime Minister Muhammad Nawaz approves reduction in prices of petroleum products

March 31, 2014

Finance Minister Muhammad Ishaq Dar met the Prime Minister on Saturday and apprised the PM regarding economic situation of the country. During the meeting Finance Minister apprised the PM that since dollar exchange rate against Pak Rupee is hovering around 98, therefore, imports would receive positive impetus.  

Keeping in view these factors, the Prime Minister directed to pass on the benefits of currency stabilization to common man.

PM Muhammad Nawaz Sharif has approved reduction in prices of petroleum products, effective 1st April, 2014 as follows:-

(Pak. Rs. per Litre)

Product

Current price w.e.f. 1-3-2014

New price w.e.f. 1-4-2014

Change in price

% Change

Kerosene

106.76

101.15

5.61

- 5.3

Light Diesel Oil

100.22

95.06

5.16

- 5.1

HOBC

141.23

136.57

4.66

- 3.3

High Speed Diesel

116.75

113.85

2.90

- 2.5

MS (Petrol)

110.03

108.31

1.72

- 1.6