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Pakistan govt reduces petrol, diesel prices

Islamabad [Pakistan], July 15 (ANI): Pakistan Prime Minister, Shehbaz Sharif on Thursday announced a reduction in the prices of petrol and diesel by Rs 18.50 and Rs 40.54 per litre as crude oil rates in the international market fell sharply.
Pakistan is in economic turmoil as its foreign debts are rising while foreign exchange reserves are depleting and the drastic situation raises concern over Pakistan’s economic challen