Islamabad, 1 May, 2025: Petrol, diesel prices reduced marginally by the federal government, marking a modest relief for consumers as the country moves into the new fiscal period.
A Rs. 2 per litre reduction has been approved for both petrol and high-speed diesel, with the revised rates set to be enforced from May 1, 2025.
Following the update, petrol will now be available at Rs. 252.63 per litre, while high-speed diesel will retail at Rs. 256.64 per litre.
The adjustment, though minor, comes at a time when the public has been grappling with rising living costs.
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This shift contrasts with the previous pricing cycle, when the administration opted to maintain fuel prices despite significant drops in global oil markets.
That earlier decision drew attention as the government diverted potential savings toward key infrastructure investments instead of lowering domestic pump rates.
Officials close to the matter indicated that Prime Minister Shehbaz Sharif had instructed that any financial margin gained from reduced international fuel costs should be redirected toward essential development initiatives in Balochistan.
One such project includes the long-overdue dualization of the N-25 highway, which serves as a major route linking Chaman, Quetta, Kalat, Khuzdar, and Karachi.
In addition to highway improvements, the allocated funds will also support the completion of Phase II of the Kachhi Canal project.
This irrigation initiative is expected to bring thousands of acres of barren land under cultivation, enhancing food security and contributing to the socio-economic uplift of rural areas in the province.
According to government representatives, these development priorities are part of a broader strategy to balance short-term consumer benefits with long-term national growth.
They added that while the petrol, diesel prices reduced gesture offers limited immediate relief, the larger investment in infrastructure and agriculture aims to generate more sustainable benefits over time.
READ MORE: Massive Reduction Expected in Petrol Prices This Week
Economic analysts noted that the modest price adjustment may also be aligned with upcoming budget preparations, as authorities look to strike a balance between public expectations and fiscal prudence under ongoing scrutiny from international financial institutions.
With the next fortnightly review scheduled soon, further changes in domestic fuel rates will likely depend on global market movements and internal budgetary goals.
In the meantime, the government is expected to continue linking price policy to national development planning.
