According to media sources, the price of fuel would decrease by Rs 10 per litre during the first half of June 2023 as the government wanted to pass the savings on to the general public before the upcoming federal budget 2023–24, in which taxes are likely to be implemented.
According to reports, the cost of petrol is expected to decrease by Rs 10 per litre in line with the decline in the ex-refinery price.
The Finance Minister Ishaq Dar and other authorities will finalise the relief after meeting with Prime Minister Shehbaz Sharif, therefore no decision has been made.
The coalition administration also reduced the cost of petrol earlier this month by Rs. 12, and diesel by Rs. 30.