ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday announced a subsidy of Rs50 per litre under the petroleum relief package for the low-income segments.
Couple of days ago, the federal government increased the prices of all petroleum products by up to Rs13 per litre for the next fortnight.
Chairing a meeting in Lahore on Sunday, PM Shehbaz said the petroleum relief would be given to low-income consumers who have bikes, rickshaws, 800cc cars and other small vehicles.
He said the petroleum subsidy programme would be initiated soon and a comprehensive strategy would be formed with the cooperation of relevant departments for its implementation.
The prime minister said the relief would be given to the poor people in this challenging time. He said that the government was taking steps to help the poor despite the economic crises.
Petroleum Minister Musadik Malik also briefed the meeting about the strategy for providing the subsidized petrol to the poor people.
Finance Minister Ishaq Dar, Special Assistant to PM Tariq Bajwa, Adviser to PM Ahad Cheema, the finance and petroleum secretaries and other high-ups also present on the occasion.