LAHORE, Mar 19 (NNI): With soaring inflation levels breaking the backs of the masses, the federal government has decided to introduce a petroleum package of up to Rs50 per liter for the low-income stratum of society.
Chairing a meeting on a petroleum relief package in Lahore, Prime Minister Shehbaz Sharif has directed that up to Rs50 per liter be allocated for the petroleum subsidy.
Shehbaz Sharif said low income poor people will be given a subsidy of Rs 50 per liter on fuel under petroleum relief package.
The prime minister said the petroleum relief will be given to low income consumers who have motorcycles, rickshaws, 800 cc cars and other small cars.
He said the programme of petroleum subsidy would be started soon and a comprehensive strategy would be formed with the cooperation of relevant departments for effective implementation of the subsidy programme.
Unmute
He said motorcycles, rickshaws and small cars were used by low income people and the petroleum subsidy would give relief to the poor. The government was making effort for all possible help to the poor people despite its economic difficulties, he added.
Minister of State for Petroleum Musadik Malik briefed about the strategy for providing petroleum subsidy to the low-income segment of society.
Minister for Finance Muhammad Ishaq Dar, Advisor to PM Ahad Cheema, Special Assistant to PM Tariq Bajwa, Secretary Finance, Secretary Petroleum and high-ranking officials attended the meeting.
Earlier in March, Prime Minister (PM) Shehbaz Sharif decided that the federal government would provide petrol for motorcyclists and rickshaws drivers at reduced rates.
PM Shehbaz, chairing a high-level meeting to discuss the measures for reducing the impact of inflation on the lower and middle-income classes, said the government was striving to minimise the difficulties faced by the said income groups.
The prime minister principally decided to provide petrol for the motorcyclists and rickshaws drivers at reduced rates as a program for their relief had been designed. At the meeting, different proposals were put forward regarding the program. NNI
