Sasta Petrol Scheme May Continue 10 More Months
The government may continue Prime Minister Shehbaz Sharif’s Sasta Petrol scheme for another 10 months and could allocate Rs. 400 … Read More The post Sasta Petrol Scheme May Continue 10 More Months appeared first on ProPakistani .
Federal Minister for Petroleum Ali Pervez Malik revealed that Prime Minister Shehbaz Sharif's Sasta Petrol scheme may persist for an additional ten months, with the government potentially allocating a budget of Rs. 400 billion to Rs. 500 billion from its own resources. Speaking at a ceremony in Lahore, Malik expressed the government's commitment to providing fuel relief even amidst challenging economic conditions.
He stated that the scheme has lowered the effective petrol cost to as low as Rs. 100 per liter for motorcycle owners and operators of small vehicles. Over six million eligible individuals have registered their motorcycles and vehicles under the program, with a majority owning motorcycles that are 20 years or older, indicating the scheme's primary impact on lower-income riders.
Malik assured that the government would not replicate the fuel subsidy approach implemented by the previous administration in 2022, but rather would reduce its budgetary spending to finance the relief program if necessary.
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