Govt kept petrol prices unchanged

News Image

MG News | April 15, 2025 at 11:58 PM GMT+05:00

0:00

April 15, 2025 (MLN): Contrary to expectations, the federal government kept fuel prices unchanged over the next fortnight.

Accordingly, fuel prices will stay the same: petrol will be Rs254.63 per litre, and high-speed diesel will be Rs258.64 per litre.

During today's federal cabinet meeting in Islamabad, Prime Minister Shehbaz Sharif stated that the benefit of falling international prices would not be passed on to the public, as the government plans to use the savings for critical national infrastructure projects.

The Prime Minister emphasised that these funds would be directed toward upgrading the N-25 highway in Balochistan. The road will be transformed into a dual carriageway built to motorway standards.

Shehbaz Sharif also reaffirmed the federal government’s commitment to constructing the M-6 and M-9 motorways.

He also noted that part of the savings would support the completion of Phase II of the Kachhi Canal project, which is expected to bring thousands of acres of Balochistan under cultivation, promoting regional development and prosperity.

Shehbaz Sharif underlined that the prosperity of Balochistan is vital to Pakistan’s overall progress, and all provinces will benefit fairly from national resources.

Furthermore, the federal cabinet approved an amendment to the Petroleum Products (Petroleum Levy) Ordinance 1961 to boost government revenues.

The cabinet also gave a nod to the Sustainable Investment Sukuk Framework, paving the way for the issuance of domestic sustainable Sukuk to support local investment initiatives.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 184,129.58
798.69M
-1.97%
-3702.50
ALLSHR 110,763.73
1,266.28M
-1.85%
-2087.96
KSE30 56,278.51
173.32M
-2.19%
-1261.46
KMI30 259,907.89
102.57M
-2.03%
-5380.16
KMIALLSHR 71,198.64
822.49M
-1.72%
-1247.03
BKTi 53,693.69
102.25M
-2.59%
-1425.61
OGTi 37,589.24
28.20M
-2.72%
-1052.27
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 69,955.00 71,690.00
60,005.00
6160.00
9.66%
BRENT CRUDE 68.20 68.83
66.56
0.65
0.96%
RICHARDS BAY COAL MONTHLY 96.00 96.00
96.00
1.50
1.59%
ROTTERDAM COAL MONTHLY 102.75 103.25
101.30
2.25
2.24%
USD RBD PALM OLEIN 1,071.50 1,071.50
1,071.50
0.00
0.00%
CRUDE OIL - WTI 63.72 64.58
62.20
0.43
0.68%
SUGAR #11 WORLD 14.14 14.30
14.07
-0.13
-0.91%

Chart of the Day


Latest News
February 07, 2026 at 12:15 AM GMT+05:00

Weekly Market Roundup


February 06, 2026 at 09:31 PM GMT+05:00

Intermarket Securities appoints Khurram Bashir as Deputy CEO


February 06, 2026 at 07:30 PM GMT+05:00

SBP reserves rise to $16.16bn


February 06, 2026 at 07:17 PM GMT+05:00

SBP raises around Rs551bn in PIB Auction


February 06, 2026 at 07:04 PM GMT+05:00

Tributes paid to late SBP governor Dr. Shamshad Akhtar



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg