ARTICLE AD BOX
Abdullah Hussain (@Abdulla99267510) Published March 28, 2026 | 04:04 PM

Under proposed mechanism, eligible consumers may receive a monthly quota of 20 to 30 litres of petrol
ISLAMABAD: (UrduPoint/UrduPoint / Pakistan Point News-March 28th, 2026) Pakistan is considering introducing a targeted petrol subsidy for motorcycle and rickshaws users, according to official sources.
Under the proposed mechanism, the eligible consumers may receive a monthly quota of 20 to 30 litres of subsidized fuel. The system is expected to be implemented through QR codes to ensure targeted distribution, with an official announcement likely in the near future.
The reports further indicate that the Federal government has sought Rs154 billion from provincial governments as part of its broader fiscal management and austerity measures.
According to a statement from the Ministry of Finance, a high-level consultative meeting chaired by Finance Minister Muhammad Aurangzeb was informed that the country currently has sufficient fuel reserves to meet demand until May 10.
The meeting was also briefed that a final decision regarding any changes in petroleum product prices will be taken in a forthcoming meeting scheduled next week, involving the President, the Prime Minister, and the chief ministers of all four provinces.
More Stories From Business
-
Pakistan mulls targeted petrol subsidy for motorcycles, rickshaws
23 seconds ago
-
IMF staff-level agreement signals confidence in Pakistan’s reform momentum: Khurram Schehzad
55 minutes ago
-
Gold prices surge by Rs4,800 per tola
55 minutes ago
-
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 28 March 2026
7 hours ago
-
GSP Plus status lifeline of Pakistan’s economy: FPCCI
16 hours ago
-
Pak,Tajikistan negotiates to address progress on proposed bilateral, PTA
17 hours ago
-
Lahore Chamber of Commerce and Industry (LCCI) holds prestigious Women’s Day ceremony
19 hours ago
-
SAPM Haroon calls for unified efforts to enhance SME financing
19 hours ago
-
PSX stays bearish, loses 1,200 points
19 hours ago
-
Finvolution delegation meets SECP Chairman, discusses digital finance, financial inclusion
21 hours ago
-
Govt decides to expand scope of Roshan Digital Accounts
20 hours ago
-
PEDO organizes E-Khuli Kachehri to resolve public grievances
21 hours ago
.png)
1 month ago
15





English (US) ·