Prime Minister Muhammad Shehbaz Sharif, Monday, alluding to recent regional situation and spiraling global petroleum prices, underlined the need for introduction of environment-friendly electric vehicles across the country, thus saving country’s precious foreign reserves. Addressing a ceremony of provision of eco-smart electric vehicles to the Islamabad Capital Traffic Police, the prime minister said that such […]
Fuel
PM hopes provinces will deposit funds for fuel subsidy package
Prime Minister Muhammad Shehbaz Sharif on Sunday said that the government is taking, and will continue to take, all possible measures to provide relief to the public during these challenging times. He expressed these views while chairing a meeting to review progress on the implementation of government subsidies on petroleum products amid recent regional tensions. […]
Govt begins disbursement of fuel subsidy through digital wallets
Prime Minister Shehbaz Sharif said on Saturday that the disbursement of relief funds to people operating public transport and freight vehicles had begun through digital wallets. In a post on the social media platform X, the Prime Minister’s Office (PMO) said that PM Shehbaz chaired a meeting to review the country’s petroleum reserves and the […]
Fuel Fall Response
Prime Minister Shehbaz Sharif has taken a timely and important step to protect the country during a growing global fuel crisis. Due to conflict in the Middle East and disruptions near the Strait of Hormuz, the supply of petroleum products has been affected worldwide. This situation has created pressure on fuel prices and availability, making […]
PM orders action against fuel smuggling, hoarding
Prime Minister Muhammad Shehbaz Sharif on Tuesday chaired a high-level meeting to review the petroleum products supply chain and assess ongoing austerity and conservation measures in view of the evolving regional situation, directing authorities to finalize proposals aimed at providing further relief to low-income segments of society. The prime minister amid chairing the meeting here, […]
Govt extends Rs 46.56bn power tariff relief to consumers amid fuel volatility
The government, in line with its commitment to provide maximum relief to electricity consumers, has absorbed significant cost pressures and passed on a cumulative relief of Rs 46.56 billion to consumers during the first eight months of fiscal year 2025-26, resulting in a reduction of Rs 0.71 per unit in electricity tariffs. According to a […]
Government to register bikers, rickshaws for fuel relief amid oil crisis
Pakistan’s government is undertaking efforts to register owners of rickshaws and motorcycles to provide them relief amid surging fuel prices, the Prime Minister’s Office (PMO) said on Monday. The statement was released after Prime Minister Shehbaz Sharif chaired a meeting of officials to assess the impact of the Middle East war on petroleum products, Pakistan’s […]
March, April fuel cargoes secured as govt reviews supply stability
The government on Tuesday said petroleum supplies remain stable, with fuel cargoes for March and April largely secured, as it monitors global energy market volatility amid evolving geopolitical conditions. This was stated during a meeting of the overseeing petrol prices held in Islamabad under Finance Minister Muhammad Aurangzeb, according to a press release issued by […]
PM bans use of high-octane fuel in government vehicles
Prime Minister Shehbaz Sharif on Monday imposed an immediate ban on the use of high-octane fuel in government vehicles. The decision comes in continuation of the recent increase in petroleum levy on high-octane fuel and is aimed at reducing unnecessary government expenditures. According to the directive, all federal ministries, departments, authorities and subordinate institutions have […]
Govt increases levy on high-octane by Rs 200 per litre to ease fuel crisis
Prime Minister Shehbaz Sharif on Sunday directed to increase the levy on high-octane fuel by Rs200 per litre. According to a handout from the Prime Minister’s Office (PMO), the development came as the premier virtually chaired a meeting on decisions regarding high-octane fuel used in “luxury vehicles”. “The prime minister took notice that the levy […]