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Government Announces Major Fuel Price Cut on Eid, Petrol & Diesel Reduced by Rs22

May 29, 2026
0

PM Shehbaz Sharif says relief promised to nation delivered as fuel prices drop again

ISLAMABAD — The federal government has announced a significant reduction in petroleum prices on the third day of Eid, cutting petrol and diesel rates by Rs22 per litre each to provide relief to the public.

According to a statement issued by the Prime Minister’s Office, the decision was made in line with the government’s commitment to pass on financial relief to citizens whenever fiscal space becomes available.


Petrol and Diesel Prices Reduced by Rs22

The government confirmed that both petrol and high-speed diesel prices have been reduced by Rs22 per litre.

Officials said the move is aimed at easing inflationary pressure and supporting transporters, motorcyclists, and daily commuters across the country.


PM Shehbaz Reaffirms Commitment to Public Relief

Prime Minister Shehbaz Sharif said that providing relief to the public remains one of his government’s top priorities.

He added that the administration had already provided relief measures in the previous week as part of its ongoing effort to reduce fuel-related burdens on citizens.


Subsidy Support for Transport Sector

The statement further highlighted that the government has continued fuel subsidies for public transport, goods transport, motorcycles, and rickshaws even under challenging economic conditions.

It said the objective is to ensure affordability and uninterrupted fuel availability for the masses.


Comparative Stability Highlighted

The government also claimed that while some regional countries faced fuel shortages and long queues, Pakistan ensured uninterrupted availability of petrol and diesel through timely policy measures and interventions.

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