The federal government has announced its decision to maintain current prices for petrol and high-speed diesel, despite a notable 14% drop in global oil prices this month. Petrol will remain at Rs. 254.63 per liter, while high-speed diesel will stay at Rs. 258.64.

The decision was made during a Federal Cabinet meeting chaired by Prime Minister Shehbaz Sharif. The Prime Minister explained that the financial savings from lower international oil prices would be redirected towards critical infrastructure projects in Balochistan. Specifically, the funds will support the dualization of the N-25 highway, a vital transportation route in the province, and expedite Phase 2 of the Kachhi Canal project, which aims to irrigate extensive agricultural land in the region.

Additionally, the Cabinet approved amendments to the Petroleum Products (Petroleum Levy) Ordinance 1961, following recommendations from the Petroleum Division.

This move reflects the government's focus on long-term developmental priorities, utilizing fiscal policies to address pressing infrastructure needs.