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Who can avail the petrol relief package announced by PM Shehbaz?

05:28 PM | 20 Mar, 2023
Who can avail the petrol relief package announced by PM Shehbaz?
Source: File Photo

ISLAMABAD – Prime Minister Shehbaz Sharif has announced big relief for a low-income segment of the crisis-hit country who will be getting a subsidy of Rs50 per litre as part of the petroleum relief package.

The recent development comes as the government jacked up the price of petrol to PKR 272 per litre amid continuing depreciation of the local currency against the US dollar. With soaring food and fuel price, low-income people are struggling to get basic commodities;some are cutting meals, forcing government to roll out a petrol relief package.

As the government rolled out a new scheme to favour masses, not everyone can be able to get petrol at cheaper rates.

People having motorcycles, rickshaws and 800 CC vehicles, will only be able to get petroleum subsidy.  

In this regard, the premier has directed all relevant authorities to finalise a scheme at the earliest and ensure its effective implementation. He said the federal government is trying to help the poor in every possible way.

Meanwhile, Minister of State for Petroleum Musadik Malik also briefed the meeting about the strategy to implement the petroleum subsidy.

Daily Pakistan Global Web Desk

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PKR exchange rate to US dollar, Euro, Pound, Dirham, and Riyal - 13 April 2024 Forex Rates

Pakistani currency remains largely same against US dollar and other currencies in open market on April 13, 2024.

US Dollar rate in Pakistan

On Saturday, the US dollar was being quoted at 277.4 for buying and 280.65 for selling.

Euro was quoted at 299.95 for buying and 302.9 for selling while British Pound stands at 349.5 for buying, and 353 for selling.

UAE Dirham AED was at 75.45 and Saudi Riyal's new rates was at 73.30. 

Today’s currency exchange rates in Pakistan - 12 April 2024

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