A complete ban has been imposed on the use of high-octane fuel in government vehicles by Prime Minister (PM) Shehbaz Sharif.
The premier directed relevant authorities to take action against government officials who used high-octane in their official vehicles.
“If necessary, the officials will have to bear the cost of high-octane fuel from their own pocket,” the announcement quoted PM Shehbaz as saying.
Increase in the price of high-octane fuel
A day earlier, the government increased the levy on high-octane fuel used by luxury vehicles by an additional Rs200 per litre, bringing the total levy to Rs300 per litre.
The decision may reduce the burden on the economy, as the richest class in the country will bear the burden, the statement noted.
This development came after PM Shehbaz rejected recommendations for further increasing the prices of petroleum products.
Surge in fuel prices causes shift to EVs
As fuel prices rise in Pakistan due to the intensifying conflict in the Middle East, the financial aspects of operating sport utility vehicles (SUVs) are changing, with plug-in hybrids and extended-range electric vehicles (EVs) becoming the more cost-effective options.
Recent official statistics regarding petrol prices in Pakistan reveal that ex-depot motor spirit (petrol) is presently priced at around Rs321 per litre, underscoring the precarious nature of daily transportation in light of the variations in imported fuel costs.
