Business Desk 
Mar 16, 2025
The federal government has decided to keep petroleum prices unchanged for the next 15 days and shift the financial benefit of global oil price changes to electricity bills. Prime Minister Shehbaz Sharif stated that a relief package is being finalised to reduce power tariffs and assist the public.
According to the prime minister's office, the move is part of the government's efforts to reduce electricity costs and ease inflation. The prime minister stated that his administration is committed to providing relief, and the upcoming power tariff cut will bring financial ease to citizens. The government is finalising the package details and will announce it soon.
Earlier, reports suggested that petrol prices could drop by Rs14 per litre, while high-speed diesel (HSD) might be reduced by Rs8 per litre. Kerosene and light diesel oil were also expected to see a decrease of Rs10 and Rs7 per litre, respectively.
However, the government has chosen to maintain fuel prices and redirect the benefit through lower electricity bills instead.
| Products | Existing price | New price | Increase/Decrease |
| Petrol | Rs258.64 | Rs258.64 | +0.00 |
| High-Speed Diesel | Rs255.63 | Rs255.63 | +0.00 |
| Kerosene Oil | Rs168.12 | Rs168.12 | +0.00 |
| Light-Diesel Oil | Rs153.34 | Rs153.34 | +0.00 |
On February 28, the government had already made a small reduction in fuel prices, cutting petrol by Re0.50 and HSD by Rs5.31. Petrol is mostly used by private vehicles, motorcycles, and rickshaws, making fuel costs a major concern for middle- and lower-income families. HSD, on the other hand, plays a key role in the transport sector and agriculture, impacting overall inflation.
Prime minister will soon address the nation to announce the electricity relief package. The government believes that lowering power bills will help reduce the financial burden on people and bring down inflation.
