BR100 Increased By (0.12%)
BR30 Decreased By (-0.24%)
KSE100 Increased By (0.04%)
KSE30 Increased By (0.2%)
AGHA 8.03 Decreased By ▼ -0.06 (-0.74%)
BECO 5.25 Decreased By ▼ -0.02 (-0.38%)
BML 59.16 Decreased By ▼ -0.22 (-0.37%)
BOP 33.95 Decreased By ▼ -0.24 (-0.7%)
CNERGY 9.95 Increased By ▲ 0.33 (3.43%)
CSIL 5.50 No Change ▼ 0.00 (0%)
FCCL 54.61 Increased By ▲ 0.46 (0.85%)
FFL 16.78 Decreased By ▼ -0.06 (-0.36%)
FNEL 1.23 No Change ▼ 0.00 (0%)
KEL 7.49 Decreased By ▼ -0.10 (-1.32%)
KOSM 5.67 Decreased By ▼ -0.01 (-0.18%)
LOTCHEM 29.86 Decreased By ▼ -0.57 (-1.87%)
MLCF 96.90 Decreased By ▼ -1.26 (-1.28%)
NBP 207.30 Decreased By ▼ -1.49 (-0.71%)
NCPL 59.42 Decreased By ▼ -0.19 (-0.32%)
NPL 70.19 Increased By ▲ 0.32 (0.46%)
OGDC 321.20 Decreased By ▼ -2.16 (-0.67%)
PACE 10.91 Decreased By ▼ -0.16 (-1.45%)
PAEL 42.13 Decreased By ▼ -0.12 (-0.28%)
PIBTL 16.76 Decreased By ▼ -0.06 (-0.36%)
PPL 224.94 Increased By ▲ 0.21 (0.09%)
PRL 45.24 Increased By ▲ 3.59 (8.62%)
PTC 71.30 Increased By ▲ 0.18 (0.25%)
SSGC 29.17 Decreased By ▼ -0.14 (-0.48%)
TBL 9.98 Increased By ▲ 0.02 (0.2%)
TELE 8.88 Decreased By ▼ -0.11 (-1.22%)
TPL 16.33 Decreased By ▼ -0.19 (-1.15%)
TPLP 12.42 Decreased By ▼ -0.35 (-2.74%)
TREET 22.94 Decreased By ▼ -0.12 (-0.52%)
TRG 61.39 Increased By ▲ 0.94 (1.56%)

LAHORE: Federal Finance Minister Muhammad Aurangzeb has said that the government borne the burden of Rs 69 billion to maintain stability in the prices of petroleum products and provided maximum possible relief to the people.

He was talking to the reporters here on Sunday.

He further said that ongoing tension and possible war situation in the region may pose risks to the energy infrastructure, which is also likely to have an impact on the supply chain.

In response to a question, he said that the energy supply situation would improve by April and the country would not face any major crisis.

READ MORE: PM Shehbaz rejects summary proposing hike in petrol, diesel prices

He clarified that government’s top priority is to put minimal financial pressure on the people and effective steps are being taken at various levels for this purpose. Government is following a serious and comprehensive strategy to keep the economy stable despite limited resources, he added.

When asked, Finance Minister said that resources are not unlimited, therefore it is necessary to find sustainable and long-lasting solutions. In this regard, consideration is being given to promoting demand management, efficient use of energy and saving measures to reduce unnecessary consumption.

Aurangzeb asserted that a targeted relief package is being prepared for the deserving and low-income groups, which aims to reduce the effects of inflation and provide facilities to the real needy.

He invited the public, economists and relevant stakeholders to send their suggestions to the government so that better and effective policymaking could be made possible. He also referred to the fact that Prime Minister Shehbaz Sharif, in his recent address, has shared in detail the economic and energy challenges facing the nation and the government is taking all possible measures to solve these problems.

The Federal Finance Minister extended his heartfelt greetings to the entire nation on the occasion of Eid-ul-Fitr and prayed for sustainable stability, development and security in the country. He expressed the optimism that through joint efforts and responsible behaviour, Pakistan will successfully deal with the current challenges.

Copyright Business Recorder, 2026

Comments

200 characters remaining