Pakistan government slashes petrol price by PKR 80 per litre, day after sharp hike met severe backlash
The Hindu
Pakistan slashes petrol price by PKR 80 per litre after public backlash against a recent 43% price hike.
A day after an unprecedented surge in fuel prices triggered severe backlash, Pakistan Prime Minister Shehbaz Sharif has announced slashing the petrol price by PKR 80.
Mr. Sharif in a midnight address on Friday (April 3, 2026) announced that the government has decided to reduce petrol levy by PKR 80 per litre, making the commodity available to the end consumer for PKR 378 per litre.
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The government on Thursday (April 2) announced an unprecedented hike of 43% and 55% in the prices of petrol and high-speed diesel (HSD), respectively.
The rise in petrol price from PKR 321.17 to PKR 458.41 per litre came as the government levy increased from PKR 105 to PKR 160 per litre.
The government had also increased HSD price by PKR 184.49 per litre — from PKR 335.86 to PKR 520.35 — but had abolished the levy, prompting demands that the government should follow suit with regard to petrol price, providing some relief to citizens.
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