Petrol price drops to Rs378 as PM cuts levy amid backlash

Petrol price drops to Rs378 as PM cuts levy amid backlash

• Shehbaz declares all cabinet members will forgo salaries for six months• New price effective from today• In late-night televised address, premier outlines reasons behind Thursday’s steep hike• Sindh, Punjab roll out targeted relief ISLAMABAD: Just a day after an unprecedented surge in petroleum prices, Prime Minister Shehbaz Sharif on Friday announced a major relief measure, slashing the petroleum levy by Rs80 per litre and bringing the price of petrol down to Rs378 per litre. In a late-night...

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