Finance Minister Muhammad Aurangzeb announced that the targeted fuel relief Pakistan government strategy will ensure support reaches only deserving citizens. He shared this update during a televised address amid rising global fuel prices.
The price surge follows escalating tensions linked to the US-Israeli conflict involving Iran, which has disrupted global energy markets. Aurangzeb said the government has already absorbed Rs69 billion to reduce pressure on consumers. This step reflects efforts to stabilise prices despite limited fiscal space. He referred to Prime Minister Shehbaz Sharif’s earlier address, where the government outlined measures to protect the public from rising fuel costs.
The minister confirmed that authorities are holding daily meetings to monitor procurement, logistics, and supply chains. He stated that Pakistan remains in a stable position regarding fuel availability until April. However, he warned that prolonged regional conflict could disrupt supplies for weeks or even months.
Meanwhile, Petroleum Minister Ali Pervaiz Malik assured that efforts continue to prevent supply disruptions and maintain uninterrupted fuel availability. Aurangzeb stressed that Pakistan must adopt long-term structural solutions. He noted that the country’s financial resources are limited, making sustainable policies essential.
- Demand management strategies
- Fuel conservation measures
- Targeted subsidies for vulnerable groups
Read: Kerosene Price Hike by Rs70.73 in Pakistan
He emphasised that relief will no longer apply broadly but will focus on those who truly need it. The finance minister appreciated public suggestions received over the past week. He said several recommendations on fuel rationing and pricing could support long-term economic stability. Authorities plan to review these proposals and implement the most effective ones in the coming weeks.
