Close Menu
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Govt allocates Rs125b to shield public from rising oil prices

March 29, 2026

YOUNG SHERLOCK – THE GAMES’S NOT AFOOT

March 29, 2026

CHASING THE THINNER SELF

March 29, 2026
Facebook X (Twitter) Instagram
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us
Facebook X (Twitter) Instagram Pinterest Vimeo
Nabka News
  • Home
  • News
  • Business
  • China
  • India
  • Pakistan
  • Political
  • Tech
  • Trend
  • USA
  • Sports
Nabka News
Home » Govt allocates Rs125b to shield public from rising oil prices
Pakistan

Govt allocates Rs125b to shield public from rising oil prices

i2wtcBy i2wtcMarch 29, 2026No Comments4 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
Follow Us
Google News Flipboard Threads
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


PM instructs provincial govts to facilitate motorcycle, rickshaw owners in registering vehicles in their own names

Prime Minister Shehbaz Sharif on Sunday chaired a review meeting to assess the implementation of ongoing fuel conservation and efficiency measures PHOTO: PMO

The federal government on Sunday allocated Rs125 billion from various savings and development budgets to prevent increases in oil prices to shield the public from direct impacts from the ongoing war, according to a statement released by the Prime Minister’s Office.

In a review meeting chaired by Prime Minister Shehbaz Sharif, the federal government assessed the implementation of measures aimed at fuel conservation and resource efficiency in light of the current regional situation.

The meeting was attended via video link by Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, federal ministers Ahad Khan Cheema, Muhammad Aurangzeb, Ali Pervaiz Malik, Ataullah Tarar, Dr Musadiq Malik, Ahsan Iqbal, Shaza Fatima Khawaja, Owais Khan Laghari, Special Assistant Tariq Bajwa, State Bank Governor Jameel Ahmad, and senior government officials.

“The prime minister stated that, thanks to government decisions, sufficient petroleum products are available to meet the country’s essential requirements,” the statement said. PM Shehbaz emphasised that public relief has been the top priority, with maximum support provided over the past three weeks.

On Friday, the premier, in an address to the nation, said that based on prevailing prices in the international market, petrol should have been priced at Rs544 per litre in Pakistan, but was being provided to consumers at Rs322 per litre. Similarly, he said the price of diesel should have been Rs790 per litre, but the government was supplying it at Rs335 per litre to shield the public from additional burden.

Read: Pakistan plans app-based fuel subsidy for low-income users amid energy crisis

He said the government had so far spent Rs69 billion to prevent an increase of Rs127 per litre in petrol prices and Rs252 per litre in high-speed diesel.

According to the press release, participants in today’s meeting urged citizens to support the government’s conservation campaign, avoid unnecessary travel, and prioritise teleconferencing in offices and workplaces.

The prime minister instructed provincial governments to facilitate motorcycle and rickshaw owners in registering their vehicles in their own names. This measure will digitise the countrywide database of motorcycles and rickshaws, ensuring owners can benefit from future government relief initiatives, the statement said.

PM Shehbaz also directed relevant authorities to maintain close coordination with the chief secretaries of all four provinces, as well as Azad Kashmir and Gilgit-Baltistan.

Officials updated the meeting on the progress of conservation and savings measures, noting that the supply and demand of petroleum products, as well as the entire supply chain, are being regularly monitored via a newly developed digital dashboard.

“Arrangements for petrol imports in April have also been completed,” the statement confirmed.

According to the briefing, unlike many other countries, Pakistan has not faced long queues or mismanagement in fuel supply, reflecting the government’s effective planning.

Read more: Dar receives Egypt, Türkiye FMs as Pakistan steps up US-Iran mediation

“A proposed fuel support programme for motorcycle and rickshaw operators was also discussed, including a dedicated mobile application to facilitate implementation,” the press release concluded.

The government on Saturday decided to introduce a mobile application-based system to provide fuel subsidies to low-income consumers as it seeks to manage the ongoing energy crisis and conserve supplies. Under the proposed mechanism, subsidised petrol distribution will be handled through a digital platform, allowing eligible users to obtain fuel through verified quotas.

Earlier this month, the government sharply increased diesel and petrol prices by Rs55 per litre, or 20 per cent, citing the ongoing US-Israel and Iran conflict, which has disrupted global supply chains and pushed crude oil prices to a two-year high.

In response to the crisis, both federal and provincial governments have introduced a series of austerity measures. These include an additional weekly holiday, a reduction in free petrol allocations for ministers, curbs on protocol vehicles, and proposals to provide subsidised fuel for students.

Last week, the government also approved a significant increase of Rs200 per litre in the fuel levy on high-octane fuel used in luxury vehicles, raising the total levy to Rs300 per litre and the price to Rs600 per litre.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp Copy Link
i2wtc
  • Website

Related Posts

Pakistan

YOUNG SHERLOCK – THE GAMES’S NOT AFOOT

March 29, 2026
Pakistan

CHASING THE THINNER SELF

March 29, 2026
Pakistan

Poetry can save us!

March 29, 2026
Pakistan

Two India-bound LPG tankers clear Strait of Hormuz, government says

March 29, 2026
Pakistan

Pakistan, Turkiye, Saudi Arabia, Egypt begin talks on US-Iran war in Islamabad

March 29, 2026
Pakistan

Staff-level accord on $1.2b loan reached with IMF

March 29, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

House Republicans unveil aid bill for Israel, Ukraine ahead of weekend House vote

April 17, 2024

Prime Minister Johnson presses forward with Ukraine aid bill despite pressure from hardliners

April 17, 2024

Justin Verlander makes season debut against Nationals

April 17, 2024

Tesla lays off 285 employees in Buffalo, New York as part of major restructuring

April 17, 2024
Don't Miss

Trump says China’s Xi ‘hard to make a deal with’ amid trade dispute | Donald Trump News

By i2wtcJune 4, 20250

Growing strains in US-China relations over implementation of agreement to roll back tariffs and trade…

Donald Trump’s 50% steel and aluminium tariffs take effect | Business and Economy News

June 4, 2025

The Take: Why is Trump cracking down on Chinese students? | Education News

June 4, 2025

Chinese couple charged with smuggling toxic fungus into US | Science and Technology News

June 4, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to NabkaNews, your go-to source for the latest updates and insights on technology, business, and news from around the world, with a focus on the USA, Pakistan, and India.

At NabkaNews, we understand the importance of staying informed in today’s fast-paced world. Our mission is to provide you with accurate, relevant, and engaging content that keeps you up-to-date with the latest developments in technology, business trends, and news events.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Govt allocates Rs125b to shield public from rising oil prices

March 29, 2026

YOUNG SHERLOCK – THE GAMES’S NOT AFOOT

March 29, 2026

CHASING THE THINNER SELF

March 29, 2026
Most Popular

China’s dolphin mascots take over the internet-Xinhua

November 14, 2025

US warns Europe to get serious about Chinese aid to Russia – POLITICO

May 29, 2024

China releases latest findings from second Qinghai-Tibet Plateau scientific expedition-Xinhua

November 19, 2025
© 2026 nabkanews. Designed by nabkanews.
  • Home
  • About NabkaNews
  • Advertise with NabkaNews
  • DMCA Policy
  • Privacy Policy
  • Terms of Use
  • Contact us

Type above and press Enter to search. Press Esc to cancel.