Prime Minister Shahbaz decides not to increase oil prices despite the global rise

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Lahore (UrduPoint / Pakistan Point News – 13 March 2026) Prime Minister Muhammad Shehbaz Sharif has decided not to increase the budget allocated to citizens. Prices Of petroleum products this time, fulfilling the promise made to the public despite the further rise in oil prices on the international market.

The Prime Minister said that the decision was taken to reduce the burden on the common man. He added that in line with his commitment, the government will provide as much relief as possible to the people during these difficult circumstances.

He said that the global economy is currently under pressure due to tensions in the region, which may have major impacts on the Pakistani economy.

The Prime Minister said that through timely policy making, government saving measures and financial discipline, efforts are being made to deal with this situation in the best possible way.

He stated that he was a servant PakistanHe was determined to start easing the burden on the poor by starting with the country’s elite and the government itself during these difficult times.

Prime Minister Shehbaz added that besides Federalism The austerity measures taken by the government, and the provincial governments are also fully supporting these efforts, which is a welcome development.

He said that, thanks to God Almighty and the efforts of the diplomatic and economic teams, sufficient quantities of crude oil are available to meet the country’s needs.

He said the federal and provincial governments are jointly working to ensure that no one charges prices higher than those set by the government.

The Prime Minister expressed his hope that the situation would improve at the global level and that stability would return to the prices of petroleum products on the global market.

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