Government Adjusts Fuel Prices in Line with Global Trends, Maintains Consumer Protection
In a measured decision reflecting global market realities, the federal government on Tuesday announced a modest increase in petrol and high-speed diesel (HSD) prices starting October 1. Petrol will be priced at Rs 268.68 per litre (up Rs 4.07), and HSD at Rs 276.81 per litre (up Rs 4.04).
This adjustment comes after a careful review by the Finance Division, in consultation with OGRA and relevant ministries, to harmonize domestic rates with international trends and currency movements.
Importantly, safeguards remain in place to shield ordinary consumers. The government continues to absorb the burden of levies and maintains that no additional taxes will be imposed on petroleum products.
Though the fuel hike may exert some inflationary pressure—particularly via higher transport and agricultural costs—the timing allows businesses to plan and adjust. Analysts see the move as a responsible balancing act between fiscal responsibility and consumer needs.
In the coming days, the government has indicated it will monitor impacts closely and consider targeted relief or support if inflationary effects begin to strain vulnerable sectors. The message is clear: adjustments may be necessary, but protecting the public remains a key priority.