12
Sep
08

Petrol prices to be cut down by Rs. 5 – A spec of hope?

The Gulf Today has reported that petrol prices might be slashed down by Rs. 5/liter in Pakistan from September 15 onwards due to global decline in oil prices.

The prices of diesel and other petroleum product will however remain the same since the Pakistan government is already subsidising them.

In times when the economy is at an all time low and the nation has most recently been jolted with 31% increase in electricity tariffs coupled with the soon to be official news of Petrol Stations remining closed one day of the week, even a Rs. 5 reduction in the prices is like a tiny breathing space for the common man.

It needs to be seen whether this move by the government will be followed by any other compensations and relaxations in the future or not.

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3 Responses to “Petrol prices to be cut down by Rs. 5 – A spec of hope?”


  1. September 12, 2008 at 2:50 pm

    let’s see country is in dire need of price cut in oil prices

  2. 2 Noah T
    September 13, 2008 at 6:47 am

    This change is a joke. 5 ruppee fall is like no decline in prices at all! It might as well stay as it is for all I care


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