ISLAMABAD: State-run public transport in Pakistan’s capital and most populous province will be free for the coming month, officials said Friday, after the government drastically raised fuel prices due to the Iran war. The announcement came after street protests and long queues of motorcycles at fuel stations triggered by a late-night decision to impose a 42.7-percent rise in the price of petrol to 485 rupees ($1.74) per liter. Prime Minister Shehbaz Sharif backpedaled late Friday, saying he was reducing the levy and setting petrol prices at 378 rupees per liter.

ISLAMABAD: Pakistani Prime Minister Shehbaz Sharif has asked the finance ministry to seek the removal of fuel levies from the International Monetary Fund to cushion consumers from…

Asien ist von Energielieferungen vom Golf besonders abhängig. In Pakistan hebt die Regierung daher jetzt die Spritpreise massiv an und macht in manchen Städten den öffentlichen…

ISLAMABAD: Pakistan’s prime minister on Friday cut petrol prices by Rs80 ($0.29) per liter, a day after the government sharply raised fuel prices in response to the global oil…

PM Shehbaz declares all cabinet members will forgo salaries for six months; Sindh, Punjab roll out targeted relief.

ISLAMABAD: State-run public transport in Pakistan’s capital and most populous province will be free for the coming month, officials said Friday, after the government drastically…

ISLAMABAD: Pakistani federal and provincial authorities announced multi-level relief on Friday to protect consumers from surging fuel costs, rolling out free transport, fare…

ISLAMABAD: Prime Minister Shehbaz Sharif has directed authorities to immediately issue subsidy payments to shield consumers from the recent hike in fuel prices, his office said on…

KARACHI: Pakistan’s refineries continue to operate at optimal levels and the overall supply of petrol, diesel and crude oil remains stable, the finance ministry said on…