Pakistan Halts This Week’s Fuel Price Hikes

News Desk

Islamabad: In a relief for consumers ahead of Eid, Pakistan’s government announced this week’s proposed increases in fuel prices have been suspended. 

Attaullah Tarar stated that the planned hike of Rs 150 per litre for petrol and Rs 250 per litre for diesel will not be implemented.

Speaking at a joint press conference in Lahore with Ali Pervaiz Malik, Tarar highlighted that petroleum prices are generally linked to global oil markets, which may see further fluctuations in the coming days. 

“We all have to work together to make a future plan for saving,” he said.

Minister Malik explained that regional tensions and rising global oil prices were key factors behind the potential increase. However, in consideration of the upcoming Eid celebrations, the Prime Minister convened his team, practiced austerity measures, and ensured that fuel prices remained stable.

He noted that even the privileges of the Prime Minister’s team were curtailed to ease the burden on citizens.

Malik emphasized the need for collective efforts in energy conservation. “Both the government and the people must play a full role in saving energy. A strong system will be established in consultation with provincial governments,” he said, urging citizens to act responsibly in managing consumption.

He added that the government aims to support the economically vulnerable and called for unity in addressing the country’s energy challenges. “We all have to work together to get the country out of this crisis,” Malik concluded.

The announcement comes as a temporary reprieve for consumers, highlighting the government’s focus on balancing global market pressures with domestic economic realities, particularly during festive periods.