Prime Minister Shehbaz Sharif Sunday said low income poor people will be given a subsidy of Rs 50 per liter under petroleum relief package. While chairing a review meeting on the relief package here, he 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. 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. Motorcycles, rickshaws and small cars are used by low-income people and the petroleum subsidy would give relief to the poor, he added. “The government is making effort for all possible help to the poor people despite its economic difficulties.” 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.
Last week, the federal government raised the price of petrol by Rs5 per litre which irked the consumers as they started making estimates of already high inflation in the upcoming month of Ramadan.
The Finance Division, in its fortnight bulletin, attributed the price hike to the depreciation of the Pakistani rupee against the US dollar and an increase in the prices registered by Platts Singapore.
The new prices came into effect on March 16 and will remain in place till March 31.
