Pakistan government cuts petrol prices, IMF-related taxes not fully reflected

The Pakistan government has decided to reduce petrol and diesel prices by 1.97 Rs per liter to partially reflect the decline in global crude oil…

This decision has come into effect immediately, valid from the beginning of July, and covers the weekly period ending on July 10. Accordingly, the price of high-octane petrol has been reduced from 299.50 Rs to…