The government raised on Thursday the price of petrol by Rs 6.51 per litre and that of high-speed diesel (HSD) by Rs 19.39. Following the increase, the price of petrol stands at Rs 399.86 per litre and HSD’s at Rs 399.58. The Petroleum Division’s press release notifying the increase said the new prices would be […]
fuel subsidy
Fuel subsidy given to 331,000 farmers in Sindh: Memon
Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, has said that the Sindh government has reached an important milestone in providing fuel subsidies to support farmers amid current economic conditions. Fuel subsidies have been provided to 331,000 farmers across the province through Hari Cards. In a statement, Senior […]
Punjab announces relief for bikers, waives registration and transfer fees
LAHORE: Punjab Chief Minister Maryam Nawaz Sharif has unveiled a new relief package for bikers across the province, waiving registration charges and transfer fees to ease financial pressure on the public. Read More: Govt committed to providing relief to motorcyclists amid fuel price hike Under the relief plan, every registered motorbike owner will receive a monthly subsidy of Rs2,000. […]
Prime Minister Shehbaz Sharif has announced a major reduction in petrol prices
ISLAMABAD: Prime Minister Shehbaz Sharif has announced a major reduction in petrol prices, cutting the rate by Rs80 per litre in a bid to ease the financial burden on citizens amid rising global oil costs. Read More: Pakistan’s fuel prices increase compared to March 2022 In a televised address, the premier said the new petrol price has […]
Pakistan cuts development budget by 10% to fund fuel subsidy
ISLAMABAD — The government of Pakistan has reduced the current fiscal year’s development budget by 10%, trimming the Public Sector Development Programme (PSDP) from Rs1,000 billion to Rs900 billion, with the savings earmarked for austerity measures and fuel subsidies, The News reported on Thursday. Read More: Pakistan proposes Rs4,083 billion national development budget The decision comes amid […]
Government releases Rs27bn to keep petrol prices lower
The government of Pakistan has released an initial Rs27 billion to support efforts aimed at maintaining lower petrol prices for consumers amid rising global oil costs. The move is part of a broader strategy to shield the public from inflationary pressures linked to international energy markets. Read More: Petrol pumps threaten nationwide shutdown The funds have […]
KP distributes Ramazan package among Rs 1.05m, announces fuel subsidy for bikes
The Khyber Pakhtunkhwa government has scaled up its Ramzan relief efforts, announcing that over 1.05 million people have received assistance under the provincial relief package, with 82 percent coverage achieved so far. Addressing a press conference here, Special Assistant to the Chief Minister on Information, Shafi Jan, said the remaining beneficiaries would be covered soon, […]