Islamabad: Prime Minister Shahbaz Sharif
has announced a reduction in the price of petrol by Rs 80 per liter.
Addressing the nation in the federal capital, Shahbaz Sharif said that once again, I am addressing in difficult circumstances, oil prices are skyrocketing in the entire region.
He said that the uncontrollable increase
in oil prices has also taken Pakistan into the clutches, every effort should be
made to use national resources for the people, Pakistan has also been engulfed
by the rising oil prices.
The Prime Minister said that oil prices
have increased sharply in the global markets, inflation has broken the back of
the world's powers and economies, Pakistan is also being badly affected by
this, I know very well how the common man lives.
Shahbaz Sharif said that in three weeks,
a subsidy of Rs 129 billion was given from national resources, the doomsday
storm was not allowed to reach the people through subsidies, I pray that the
war ends as soon as possible and peace is established. Field Marshal Ishaq Dar
is making efforts regarding the ceasefire.
He said that national resources are
limited, I am grateful to the President of the country, he brought together the
national leadership, the Chief Ministers of the four provinces were called to a
meeting, full consultation was held in the President's Office and the Prime
Minister's House.
The Prime Minister said that the
government has taken steps to provide public relief in the form of petroleum
product prices, is aware of the problems faced by the people, and according to
yesterday's announcements, a subsidy will be given to motorcyclists.
Shahbaz Sharif said that economy class
fares in trains will not be increased, the government has tried its best to use
national resources to reduce public problems.
He said that a subsidy of Rs 100 per liter will be given to motorcyclists, it has also been decided to provide subsidies to freight and transport vehicles, and a monthly subsidy of Rs 100,000 will be given to public transport buses.
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