ISLAMABAD: Prime Minister Shehbaz Sharif announced a massive savings of Rs 28 billion on buying of petrol for 14 million poor families to protect them from the effects of inflation.
In his address to the nation, he said every family registered with the Benazir Income Support Programme (BISP) will get a monthly relief of Rs 2000 on petrol buying. About one-third of the country’s population or 85 million people will benefit from the financial relief.
He directed the Utility Stores Corporation to provide the 10-kilogram flour bag for Rs 400.
The Prime Minister said the government took the difficult decision of raising the prices of petroleum products to save Pakistan’s economy from a precarious situation and economic default.