Government, petroleum dealers reach agreement on fuel relief package

The government and petroleum dealers have reached an agreement on the payment mechanism for the Rs100 per litre subsidy under the Petrol Relief Package, ending a deadlock that threatened its implementation. The agreement, reached during an emergency meeting between the Ministry of Petroleum and the Pakistan Petroleum Dealers Association (PPDA), ensures that payments due to dealers will be processed through the State Bank of Pakistan and transferred to their bank accounts within 48 hours.

The government is expected to issue a formal notification regarding the payment mechanism soon. The meeting was held virtually, attended by PPDA leadership, marking a significant step forward in the implementation of the relief package, which was initially met with resistance from dealers over concerns about reimbursement.

Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.