In a welcome move on New Year’s Eve, the government has announced a reduction in petrol prices by Rs. 10.28 per litre, calling it a New Year gift for the public. The revised price comes into effect immediately, offering relief to consumers as the country steps into the new year.
Officials said the decision was taken in light of declining international oil prices, aiming to ease financial pressure on households and support economic activity. The reduction is expected to bring down transportation costs and provide indirect relief in the prices of essential goods.
The announcement has been widely welcomed by citizens, who see it as a positive start to the new year. Authorities stated that fuel prices will continue to be reviewed in line with global market trends