Govt and Petrol Pump Owners Finally Agree on Fuel Relief Scheme

As both sides reached an understanding on the payment mechanism for the program, the administration has assured petroleum dealers that claims under the Prime Minister's Fuel Relief Scheme will be processed within 48 hours.

Key points

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• The State Bank briefed the participants on the reimbursement process and assured them that claims submitted under the scheme would be processed within 48 hours.
• The Ministry of Information Technology and Telecommunications additionally briefed the participants on the digital system developed to implement the scheme.
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• The session was informed that funds for three months had been earmarked for the Fuel Relief Scheme.

Federal Minister for Petroleum Ali Pervaiz Malik held a session with representatives of petroleum pump dealers' associations on Thursday to brief them on the implementation mechanism for the scheme.

Meanwhile, the session was informed that funds for three months had been earmarked for the Fuel Relief Scheme. Of this amount, Rs. 25 billion for the first month had already been provided to the State Bank of Pakistan to facilitate timely reimbursement to participating petroleum dealers. Finance Minister Hopeful for More Funds from China and US.

Notably, the State Bank briefed the participants on the reimbursement process and assured them that claims submitted under the scheme would be processed within 48 hours.

Notably, the Ministry of Information Technology and Telecommunications additionally briefed the participants on the digital system developed to implement the scheme. A dedicated control room has been established to assist petrol pumps and address their questions and complaints. Petrol pumps can contact the control room at 9772.

Meanwhile, the petroleum pump and dealers' associations welcomed the scheme and assured the administration of their cooperation in its implementation. They additionally raised questions and worries regarding the operational mechanism. It were addressed during the gathering.

PPDA office bearers remarked successful negotiations with the administration had concluded the deadlock over the Fuel Relief Package and that dealers had kicked off implementing the scheme.

For context, the association expressed hope that timely implementation of the agreed payment mechanism would address the reservations of petroleum dealers.

Ali Pervaiz Malik appreciated the cooperation of petroleum dealers and stressed the importance of coordination among all stakeholders to ensure the relief program is implemented effectively, transparently and on time. Stay Connected with ProPakistani.

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For now, govt and Petrol Pump Owners Finally Agree on Fuel Relief Scheme remains the part of the story worth watching, and further updates are likely as more details are confirmed.