Prime Minister Shehbaz Sharif was informed on Monday that the increase in levy on high-octane fuel used in luxury vehicles had not led to any change in jet fuel prices.
A review meeting was held under the chairmanship of the PM regarding the impact of the Gulf crisis on petroleum products, the Prime Minister’s Office (PMO) said in a press release today.
The PM said the government was working to provide more relief to the poor and middle class, adding that economically weaker segments of society would not be left alone in this time of difficulty.
The premier further said that they reduced government expenditures, including reducing the development budget and taking off 60% of government vehicles out of service.
He said proposals to increase oil prices have repeatedly been rejected, and the funds saved from austerity measures have been utilised for public relief.
The meeting was informed that coordination was being strengthened with provincial governments to complete the ownership registration of motorcycle and rickshaw owners so they can benefit from potential relief measures.
The meeting included a detailed briefing on the implementation of government measures for fuel conservation, proposals for the future action plan and current fuel stock.
An audit report from the Intelligence Bureau on the implementation of the prime minister’s fuel-saving measures and austerity campaign was also presented.
On Sunday, PM Shehbaz Sharif said that sufficient quantities of petroleum products were available in the country to meet national requirements due to timely government decisions.
He was informed that the demand and supply of petroleum products and the entire supply chain are being monitored regularly. It was further told that a digital dashboard has been developed for this purpose.
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