{"id":113836,"date":"2026-05-29T20:43:58","date_gmt":"2026-05-29T15:43:58","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=113836"},"modified":"2026-05-29T20:43:58","modified_gmt":"2026-05-29T15:43:58","slug":"govt-announces-major-reduction-in-petrol-diesel-prices","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/govt-announces-major-reduction-in-petrol-diesel-prices\/","title":{"rendered":"Govt announces major reduction in petrol, diesel prices"},"content":{"rendered":"<p>ISLAMABAD: The federal government on Friday announced a major reduction in petroleum prices, cutting both petrol and high-speed diesel (HSD) rates by Rs22 per litre.<\/p>\n<p>&nbsp;<\/p>\n<p>According to a statement issued by the Prime Minister\u2019s Office (PMO), the reduction has been announced as a \u201cgift to the nation\u201d on the third day of Eid-ul-Azha.<\/p>\n<p>&nbsp;<\/p>\n<p>Prime Minister Shehbaz Sharif said that providing relief to the public remains one of the government\u2019s top priorities.<\/p>\n<p>&nbsp;<\/p>\n<p>Following the latest reduction, the price of petrol has been fixed at Rs381.78 per litre, down from Rs403.78, while the price of high-speed diesel has been reduced from Rs402.78 to Rs380.78 per litre.<\/p>\n<p>&nbsp;<\/p>\n<p>The PMO statement noted that the government had also reduced petroleum prices last week as part of its ongoing efforts to provide relief to the people.<\/p>\n<p>&nbsp;<\/p>\n<p>It further stated that despite difficult economic conditions, the federal government continued providing subsidies on fuel for public and goods transport, as well as for motorcycle and rickshaw users.<\/p>\n<p>&nbsp;<\/p>\n<p>According to the statement, during the peak of the global oil crisis, the prime minister had approved a subsidy of more than Rs130 per litre to prevent a rise in domestic fuel prices and ensure relief for consumers across the country.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The federal government on Friday announced a major reduction in petroleum prices, cutting both petrol and high-speed diesel (HSD) rates by Rs22 per litre. &nbsp; According to a statement issued by the Prime Minister\u2019s Office (PMO), the reduction has been announced as a \u201cgift to the nation\u201d on the third day of Eid-ul-Azha. &nbsp; [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":103370,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-113836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=113836"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113836\/revisions"}],"predecessor-version":[{"id":113837,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/113836\/revisions\/113837"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/103370"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=113836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=113836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=113836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}