ISLAMABAD (UrduPoint / Pakistan Point News – 3 April, 2026) Finance and Revenue Minister Senator Muhammad Aurangzeb on Thursday announced a targeted support package aimed at cushioning the impact of recent oil spills. price This increase comes in the wake of decisions taken by the government in consultation with the national leadership amid the prevailing regional tensions.
This announcement came after oil Prices In the country rose sharply, with gasoline To reach Rs 458.40 per liter and high-speed diesel Rs 520.35 per liter as of April 3, after an unprecedented rise in global crude oil prices.
Addressing a news The Minister of Finance said, during a press conference held with the Minister of Petroleum, Ali Parvez Malik, that the government chose a targeted relief mechanism instead of comprehensive subsidies to ensure that support reaches the most deserving segments of society.
“The leadership decided that we are announcing a targeted support program so that the relief is not comprehensive but reaches those who truly deserve it,” he said, adding that this step aims to reduce the burden of inflation on the poor and needy. middle season.
He said that the decision came after a detailed review of trends in global oil supply and pricing during the past four weeks, especially in light of the challenges emerging in neighboring regions, while Pakistan So far, it has avoided serious disruption.
Highlighting the key measures, the minister said a subsidy of Rs 100 per liter will be provided to two-wheelers, capped at 20 liters per month, for three months.
To support the agriculture sector during the harvest season, he said that small landowners will receive a one-time support of Rs 1,500 per acre, noting that diesel consumption increases significantly during this period.
He also announced support for the transport sector, including a subsidy of Rs 100 per liter for freight vehicles, along with a fixed monthly assistance of Rs 70,000 for trucks, Rs 80,000 for large transport vehicles, and Rs 100,000 for public service buses, initially for one month, subject to review.
The Finance Minister said the government will also provide support to Pakistan Railways to help maintain reasonable fares, especially for low-income travellers.
Aurangzeb said the evolving global energy situation required careful management of resources, saying the government would continue to review measures on a monthly basis.
He said that besides rationalizing subsidies, the government is also considering demand management steps, including adjusting market timings in consultation with provinces, to conserve energy and maintain economic balance.
The Minister reiterated that the overall policy direction is to channel limited resources towards the most vulnerable segments while ensuring stability in essential sectors amid the ongoing uncertainty.
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