The government of Pakistan on Monday announced a decrease in the prices of petrol and diesel by PKR 40 and PKR 15 per liter, respectively. The new prices will come into effect from Tuesday, October 16, 2023.The decision to reduce the prices of petrol and diesel comes after a decrease in international oil prices. The global oil prices have been volatile in recent months due to the ongoing war in Ukraine and other factors. However, the prices have come down in recent weeks, providing some relief to consumers around the world.The government of Pakistan has been under pressure to reduce the prices of petrol and diesel, as the high prices were putting a strain on the pockets of consumers and businesses. The decrease in prices is expected to provide some relief to the people of Pakistan.The new prices of petrol and diesel in Pakistan are as follows:
- Petrol: PKR 283.38 per literDiesel: PKR 303.18 per liter
https://promarkitbusiness.com/goa-bridge-broken-due-to-strong-current-in-dudhsagar-waterfall/The government of Pakistan has also announced that it will continue to monitor the international oil prices and make adjustments to the prices of petrol and diesel as needed.
Impact of the Decrease in Petrol and Diesel Prices
The decrease in the prices of petrol and diesel is expected to have a positive impact on the Pakistani economy. It will reduce the cost of transportation and other goods and services. This will lead to lower inflation and higher economic growth.The decrease in petrol and diesel prices is also expected to provide some relief to the people of Pakistan. It will make it easier for people to afford to travel and purchase goods and services. This will improve the standard of living of the people of Pakistan.Overall, the decrease in the prices of petrol and diesel is a positive development for Pakistan. It is expected to have a positive impact on the economy and the standard of living of the people.
echoesofearthmedia.news.blog 