Amid rising tensions in the Middle East and growing pressure on global fuel markets, Prime Minister (PM) Shehbaz Sharif has vowed to provide relief to low-middle income groups amid fuel crisis.
In this regard a high-level review meeting was held in Islamabad on Monday to assess the situation.
The meeting, chaired by Prime Minister Shehbaz Sharif, reviewed the impact of the Gulf crisis on petroleum products, existing fuel reserves in Pakistan, and relief measures for the public.
Speaking at the meeting, the prime minister said the government is striving to provide further relief to low- and middle-income groups. He stressed that vulnerable segments will not be left alone in difficult times.
Participants were informed that coordination with provincial governments is underway to complete the registration of motorcycle and rickshaw owners, enabling them to benefit from targeted relief measures.
The prime minister highlighted steps taken to reduce government expenditures, including cuts in development budgets and the immediate withdrawal of 60 percent of official vehicles. He said the process of sacrifice has started with reductions in state spending.
He added that proposals to increase fuel prices were repeatedly rejected, and savings generated through austerity measures were redirected towards public relief. A digital system will be used to ensure relief reaches the common man.
Despite the global crisis, he said timely decisions have ensured uninterrupted fuel supply across the country. He also noted that Pakistan is actively engaged on the diplomatic front to promote peace in the region.
The meeting was given a detailed briefing on fuel conservation measures, future strategy, and current stock levels. An audit report by the Intelligence Bureau on the implementation of austerity measures was also presented.
Officials said sufficient fuel reserves are available to meet national needs, with further arrangements in progress. It was also noted that an increase in levy on high-octane fuel, mostly used by luxury vehicles, has not affected jet fuel prices.
The meeting was attended by Deputy Prime Minister and Foreign Minister Ishaq Dar, along with federal ministers, advisers, and senior officials.
FM Ishaq Dar to visit China tomorrow for consultations on regional issues
