Coronavirus: Petroleum prices slashed by Rs15 in Pakistan

Coronavirus: Petroleum prices slashed by Rs15 in Pakistan
Islamabad: The price of petroleum products has been decreased by Rs15 in order to provide relief to public facing economic problems due to coronavirus outbreak in Pakistan.

The Ministry of Finance has issued a notification after Prime Minister Imran Khan announced cut in petroleum prices while unveiling economic relief package on Tuesday.

After slashing Rs15 per litre, petrol will now be available for Rs96.58, high speed diesel for Rs107.25 and low speed diesel for Rs62.51.

The price of kerosene oil has been announced as Rs77.45/litre after the decrease.

The prime minister also announced that Rs200 billion has been allocated to provide relief to the labour community, adding that the government was also in contact with provinces to more facilitate those who unemployed due to the pandemic.

Tax refunds worth Rs 100 billion will be released to export and industry sector, he said, adding that Rs50 billion will be issued to utility stores to provide food items to public at subsidized prices.

The premier added that Rs150 billion will be distributed among poor families in four months.

The number of total coronavirus cases surged to 990 in Pakistan while 18 people have recuperated from the disease so far.