BR100 Decreased By (-0.07%)
BR30 Decreased By (-0.14%)
KSE100 No Change (0%)
KSE30 No Change (0%)
AGHA 7.40 Decreased By ▼ -0.16 (-2.12%)
BECO 5.06 Decreased By ▼ -0.03 (-0.59%)
BML 56.43 Increased By ▲ 1.45 (2.64%)
BOP 32.64 Decreased By ▼ -0.34 (-1.03%)
CNERGY 10.29 Increased By ▲ 0.19 (1.88%)
CSIL 5.36 Increased By ▲ 0.23 (4.48%)
FCCL 51.74 Increased By ▲ 0.49 (0.96%)
FFL 16.49 Increased By ▲ 0.31 (1.92%)
FNEL 1.21 Increased By ▲ 0.02 (1.68%)
KEL 7.14 Increased By ▲ 0.08 (1.13%)
KOSM 6.05 Increased By ▲ 0.51 (9.21%)
LOTCHEM 26.81 Decreased By ▼ -2.31 (-7.93%)
MLCF 88.17 Decreased By ▼ -0.65 (-0.73%)
NBP 193.18 Decreased By ▼ -4.31 (-2.18%)
NCPL 55.31 Increased By ▲ 0.29 (0.53%)
NPL 64.65 Decreased By ▼ -0.23 (-0.35%)
OGDC 310.38 Decreased By ▼ -1.57 (-0.5%)
PACE 10.38 Increased By ▲ 0.17 (1.67%)
PAEL 40.85 Decreased By ▼ -0.14 (-0.34%)
PIBTL 15.85 Decreased By ▼ -0.11 (-0.69%)
PPL 211.10 Decreased By ▼ -1.56 (-0.73%)
PRL 53.14 Increased By ▲ 0.60 (1.14%)
PTC 68.07 Decreased By ▼ -1.01 (-1.46%)
SSGC 24.85 Decreased By ▼ -0.25 (-1%)
TBL 9.50 Decreased By ▼ -0.12 (-1.25%)
TELE 8.29 Decreased By ▼ -0.03 (-0.36%)
TPL 18.29 Increased By ▲ 0.54 (3.04%)
TPLP 12.97 Decreased By ▼ -0.25 (-1.89%)
TREET 21.43 Decreased By ▼ -0.31 (-1.43%)
TRG 58.97 Increased By ▲ 2.08 (3.66%)
Markets

Govt ensuring supply of petroleum products nationwide: Aurangzeb

  • Giving Rs69 billion subsidy on petroleum products, says Finance minister
Published Updated

Minister for Finance Muhammad Aurangzeb said on Sunday the government was making all out efforts to ensure availability of petroleum products across the country.

Talking to media in Lahore on Sunday, he claimed petrol, diesel, and LPG were easily available in all cities and towns, and strict monitoring was being ensured for energy system, state-run Radio Pakistan reported.

The finance minister said the government had absorbed a financial burden of Rs69 billion to provide people with petroleum products at minimum prices and avoid further impact of the regional situation on consumers.  

Highlighting concerns over regional tensions and ongoing conflicts, the minister said the situation would affect energy infrastructure. “However, the situation is expected to remain stable till next month”.

He further said a targeted relief package was being prepared for deserving segments of society and that all relevant ministries, including the Ministries of Petroleum, IT, and Finance, were working together on a coordinated strategy.

The minister said the government was also assessing the potential impacts of the current economic situation on trade and investment.

Comments

200 characters remaining