Pakistan Government Reduces Fuel Prices for October 2024 On Monday, the federal government of Pakistan announced a reduction in fuel prices that will come into effect starting October 1, 2024. This reduction brings relief to the general public and businesses alike, as fuel prices have a significant impact on transportation and inflation. Petrol Price Cut The price of petrol has …
Read More »The rising cost of electricity for industrial, commercial, and residential consumers is putting increasing pressure on the Pakistani government to take action. A prominent suggestion emerging from public debates is the nationalization of Independent Power Producers (IPPs), a move echoing past socialist policies. Understanding the Current Power Sector Currently, the installed power generation capacity in Pakistan is split equally between …
Read More »Starting August 1, motorists can anticipate a reduction in fuel costs as the prices for petrol and high-speed diesel (HSD) are projected to decrease significantly over the next two weeks. This expected drop comes after two consecutive price hikes and is attributed to a decrease in international market prices and lower import premiums. Recent trends show that the international market …
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