PM to Offer Relief to Those Who Can’t Afford Petrol: Finance Minister

Federal Minister of Finance Miftah Ismail said yesterday that Prime Minister (PM) Shahbaz Sharif will announce relief for those who cannot afford fuel at new prices.

To procure loans from the International Monetary Fund (IMF) the government has removed subsidies from petroleum products, which has resulted in a hike of Rs. 30/liter in the prices of petrol, high-speed diesel (HSD), kerosene oil, and light diesel fuel. The prices of fuel are now as follows:

  • Petrol — Rs. 179.86/liter
  • HSD — Rs.174.15/liter
  • Kerosene oil — Rs. 155.56/liter
  • Light diesel — Rs. 148.31/liter

Ismail, once again, blamed the previous government’s policies and former Prime Minister Imran Khan’s decisions for the ongoing economic troubles.

“Imran Khan had promised IMF that Rs. 30 levy and 17% sales tax would be charged on petroleum products,” he said, adding that the former PM’s unilateral decisions have cost Pakistan losses worth Rs. 120 billion a month.

Ismail also highlighted that fuel prices are still less in Pakistan than those in India, UK, Bangladesh, and UAE. However, the ongoing economic instability might change the situation quickly.

  • matlab jo kia pehly waley ney kiya. pehley waley ko mehangai kardyna chahiye thi.. to phir app apney jhandy ley kar mehengai march q nikaal rahey thy jab opposition me they. ajeeeb confused hyn ye log. when in govt, mehengai is good. when not in govt mehengai is not good.

  • O mean person tell to public the statistics of per capita income, inflammation & unemployment in India, UK UAE & Bangladesh

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