The federal government is planning a major relief measure to control rising Petroleum Prices in Pakistan. According to sources in the Ministry of Finance, the government has asked provinces to cooperate financially for a targeted subsidy program worth up to Rs 300 billion.
Officials said that provinces have been requested to allocate around Rs 154 billion to support the plan. The move comes as Petroleum Prices continue to rise due to global market pressures. The government is now exploring ways to reduce the burden on the public.
The proposed subsidy will focus on low-income groups. In particular, motorbike riders and rickshaw drivers are expected to benefit. These groups are heavily affected by increasing fuel costs and depend on daily fuel usage for income.
Sources revealed two main options under consideration. The first option is to pass the full impact of global oil prices directly to consumers. The second option involves providing limited fuel at subsidized rates. Under this plan, motorbike users may receive up to 20 litres of fuel, while rickshaw drivers could get up to 30 litres at reduced prices.
The government estimates that around Rs 300 billion will be needed to fund this subsidy for six weeks. This makes the plan both significant and time-sensitive. Authorities are now reviewing financial feasibility before final approval.
A high-level meeting is expected soon. It will include the President, Prime Minister, and Chief Ministers of all provinces. The meeting will decide whether to implement the subsidy plan and how to share the financial burden.
To ensure transparency, the government has also introduced a digital solution. The Ministry of Information Technology has developed a mobile application. This app will help distribute the subsidized fuel fairly and track beneficiaries.
Experts say that controlling Petroleum Prices is important for economic stability. Rising fuel costs affect transportation, food prices, and daily expenses. The proposed subsidy aims to provide short-term relief during ongoing economic challenges.
The plan comes amid an energy crisis linked to regional tensions. These factors have pushed oil prices higher in global markets. As a result, local Petroleum Prices have also increased, putting pressure on consumers.
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Overall, the proposed subsidy reflects the government’s effort to support vulnerable groups. However, its success will depend on funding, coordination, and proper implementation.
