Fuel to Get Rs. 40 per Litre Cheaper for Deserving Citizens

Meanwhile, the federal administration has agreed in principle to consider expanding its targeted subsidy on petroleum products, including diesel and up to five million more beneficiaries, sources informed ProPakistani.

Key points

• The development follows discussions between Prime Minister Shehbaz Sharif and Jamaat-e-Islami (JI) chief Hafiz Naeem ur Rehman at the Prime Minister's House.
• Earlier, Hafiz Naeem remarked the prime minister had asked for 7 to 10 more days to address JI's demand to abolish the petroleum levy.
• The type of subsidy remained the main point of disagreement during the negotiations.
• Instead, the administration has offered to add up to five million more consumers to the existing petrol subsidy scheme.
• Sources continued that the administration has already cut the cost of locally produced diesel by Rs.

In practice, the development follows discussions between Prime Minister Shehbaz Sharif and Jamaat-e-Islami (JI) chief Hafiz Naeem ur Rehman at the Prime Minister's House.

If the technical committees of both sides build on the emerging consensus, petroleum products could become Rs. 30 to Rs. 40 per litre cheaper for eligible beneficiaries, sources remarked. Jamaat-e-Islami Announces Terms to End Islamabad Protest. Targeted vs Blanket Subsidy.

Notably, the type of subsidy remained the main point of disagreement during the negotiations. The administration argued that targeted relief was necessary under the International Monetary Fund (IMF) program.

It remarked a blanket subsidy could put the programme at risk and would benefit wealthy and low-income consumers alike.

Instead, the administration has offered to add up to five million more consumers to the existing petrol subsidy scheme. It is additionally considering bringing more older models of motorcycles and vehicles under the programme. JI Pushes for Diesel Relief.

As agriculture and other key sectors rely heavily on it, JI insisted that diesel must additionally be covered. The party remarked excluding diesel hurts farmers and raises costs throughout the economy.

In response, the administration indicated that diesel could additionally be included in the targeted programme to an appropriate extent. Petrol Gets Cheaper After Major News.

Sources continued that the administration has already cut the cost of locally produced diesel by Rs. After pressure and negotiations by JI, 32 per litre by delinking it from international rates.

Both technical committees will continue working on the framework. The final scope, eligibility criteria, and subsidy amounts will depend on the outcome of these discussions.

Earlier, Hafiz Naeem remarked the prime minister had asked for 7 to 10 more days to address JI's demand to abolish the petroleum levy. Stay Connected with ProPakistani.

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In short, fuel to Get Rs. 40 per Litre Cheaper for Deserving Citizens is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.