Pakistan slashes petrol, diesel prices by as much as Rs5 per liter

Pakistan slashes petrol, diesel prices by as much as Rs5 per liter
A worker holds a fuel nozzle to fills fuel in a car, after the government announced the increase of petrol and diesel prices, at petrol station in Karachi, Pakistan, on September 16, 2023. (REUTERS/File)
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Updated 16 October 2025
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Pakistan slashes petrol, diesel prices by as much as Rs5 per liter

Pakistan slashes petrol, diesel prices by as much as Rs5 per liter
  • Fuel prices in Pakistan are adjusted every two weeks and are influenced by global oil market trends
  • The latest reduction in prices is likely to bring some relief to consumers in the South Asian nation

ISLAMABAD: Pakistan has reduced the prices of petroleum products by as much as Rs5 per liter for the next fortnight, the finance division said late Wednesday.

The government reduced the price of petrol by Rs5.66 per liter to Rs263.02 and that of high-speed diesel by Rs1.39 to Rs275.41 per liter, according to a finance division notification.

The price of superior kerosene oil was slashed by Rs3.26 to Rs181.71 per liter, whereas the rate of light diesel oil went down by Rs2.74 to Rs162.76.

“The Government has adjusted the prices of petroleum products for the fortnight starting tomorrow (October 16, 2025), based on the recommendations of the Oil and Gas Regulatory Authority (OGRA) and the relevant Ministries,” the notification read.

Fuel prices in Pakistan are adjusted every two weeks and are influenced by global oil market trends, currency fluctuations and changes in domestic taxation. The mechanism ensures that the net impact of changes in import costs is passed on to consumers, helping sustain the country’s fuel supply chain.

Petrol is mostly used for private transport, small vehicles, rickshaws and two-wheelers, while diesel powers heavy vehicles used for transportation of good across the South Asian country.

Any increases have a direct impact on inflation, raising production and transportation costs and driving up the prices of essential goods and services, particularly food. The effect is further amplified by Pakistan’s reliance on imported fuel.

On Oct. 1, the government had increased the price of petrol by Rs4.07 per liter and high-speed diesel (HSD) by Rs4.04 per liter for the next fortnight, the finance division had announced.


Pakistan launches first Google Chromebook assembly line

Pakistan launches first Google Chromebook assembly line
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Pakistan launches first Google Chromebook assembly line

Pakistan launches first Google Chromebook assembly line
  • Deputy PM says local assembly will make digital tools more affordable and boost jobs and exports
  • Google to train 100,000 Pakistani developers under new partnership, according to Radio Pakistan

ISLAMABAD: Pakistan on Tuesday launched its first Google Chromebook assembly line, a move aimed at expanding local tech manufacturing and improving access to affordable digital tools, state media reported.

The project was inaugurated by Deputy Prime Minister Ishaq Dar at a ceremony in Islamabad, marking what he described as a “milestone” in the country’s digital and industrial development.

“Localizing the assembly of Chromebooks will make access to digital tools affordable and inclusive, particularly in the education sector,” Radio Pakistan reported him as saying. “Beyond education, this initiative holds great economic significance, laying the ground for jobs, supply-chain development and future technology exports.”

Dar said Google’s decision to open a local office in Pakistan was a “powerful endorsement” of the country’s digital potential and would strengthen links with local startups and entrepreneurs.

He said the presence would “enable direct collaboration, capacity building and greater access to global platforms.”

Under a strategic memorandum of understanding, Pakistan and Google will train 100,000 developers nationwide and work together on localized, AI-powered services such as Android tools for public safety, according to the report.

Dar said the government wanted to encourage technological innovation and foreign investment.

“Our policy is aimed at making Pakistan a regional hub for technology development, backed by a regulatory framework that supports innovation,” he said, adding that the administration in Islamabad also plans to rationalize taxes to attract investors.