Pakistan provides fuel aid to over 9 million low-income people as Middle East war drives up prices
Eligible motorists receive text-message tokens for weekly fuel discounts as Pakistan eases price pressure after petrol and diesel rose more than 50%, officials said.
- On Tuesday, Pakistan's government launched fuel subsidies for more than 9 million low-income people, with Petroleum Minister Ali Pervaiz Malik explaining that eligible motorists receive discount tokens via text message at participating gas stations.
- Fuel prices have risen by more than 50% since the war between the United States and Iran began earlier this year, compounding inflation pressures; Jamaat-e-Islami threatened to march on Islamabad demanding tax cuts on petrol and diesel.
- Motorcycle and three-wheeler users qualify for 500 rupees weekly, limited to four tokens monthly, providing maximum monthly assistance of 2,000 rupees; small car owners with engines up to 800 cubic centimeters receive 100 rupees per liter.
- Islamabad resident Amir Shahzad said the subsidy adequately covers his commute between home and work, though he noted that "if I need to travel to another city, I will have to purchase petrol at the prevailing market price."
- Prime Minister Shehbaz Sharif approved the program last month to help motorists purchase gasoline at prewar prices, despite Pakistan's reliance on International Monetary Fund loans that pressure the government to slash subsidies on essential items.
30 Articles
30 Articles
WellandTribune.ca
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Ottumwa Courier
BizTocPakistan provides fuel aid to 9 million low-income people as Middle East war drives up prices
Pakistan’s government is providing fuel subsidies to over 9 million low-income people as the U.S.-Iran war drives up energy prices. Rising petrol and diesel costs have added pressure on the cash-strapped nation, already dealing with high inflation. The program, approved…
Associated Press News
Pakistan provides fuel aid to over 9 million low-income people as Middle East war drives up prices
Pakistan’s government is providing fuel subsidies to over 9 million low-income people as the U.S.-Iran war drives up energy prices.
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