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Pakistan Freezes Petrol Prices as Austerity Cuts Roll Out and Flight Advisories Tighten

Officials cite surging global oil plus jet‑fuel constraints as they shift costs off consumers.

Overview

  • Prime Minister Shehbaz Sharif rejected proposals to raise petrol by Rs50 and diesel by Rs75 and kept prices unchanged to ease pressure on households.
  • To finance relief, the government approved savings that include 5–30% salary cuts for employees of government and autonomous bodies, bans on most foreign travel, and sharp reductions in official vehicle fuel use.
  • Pakistan Airports Authority issued NOTAMs flagging Jet A‑1 supply constraints, advising operational adjustments and temporary restrictions on March 16, as jet‑fuel prices jumped about 82% to Rs342.37 per litre.
  • Market checks in Lahore reported vegetables and fruits selling well above notified rates during Ramadan despite official pricing and enforcement efforts.
  • Nahal Hashmi was sworn in as Sindh governor, and the Supreme Court ruled that scoring at least 40% on the NTS test is a mandatory eligibility condition for PST teacher recruitment, setting aside a Peshawar High Court order.