PM Extends Fuel Subsidy Till December
Prime Minister Shehbaz Sharif has announced that the government’s fuel subsidy program will continue until at least the end of … Read More The post PM Extends Fuel Subsidy Till December appeared first on ProPakistani .
Prime Minister Shehbaz Sharif has announced that the fuel subsidy program in Pakistan will continue until at least the end of December, as rising international crude oil prices threatened to push domestic petrol prices higher. The subsidy initiative has directly benefited around 15 million people, with an estimated 75 million beneficiaries when family members are included.
The government aims to shield consumers from higher fuel prices by sharing refineries' windfall profits with Petroleum Minister Ali Pervaiz Malik and his team. Intelligence agencies have identified irregularities at several petrol pumps, leading to the closure of non-compliant outlets and imposition of heavy financial penalties.
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