Govt Calls Emergency Meeting After Pumps Reject Fuel Subsidy

Meanwhile, the Ministry of Petroleum has called an emergency session with the dealers on September 17 to explain the reimbursement mechanism after petrol dealers refused to implement it without a clear mechanism for receiving the subsidy.

BusinessNews Info Wire2 min read
Govt Makes Diesel Cheaper to Start September, Petrol Expensive

Meanwhile, the Ministry of Petroleum has called an emergency session with the dealers on September 17 to explain the reimbursement mechanism after petrol dealers refused to implement it without a clear mechanism for receiving the subsidy.

Article outline

  1. What happened
  2. The details
  3. The bottom line

Key points

  • Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.
  • Add as a preferredSource on Google Follow on Google News Join WhatsApp.
  • PPDA Chairman Malik Khuda Baksh remarked dealers were not properly consulted before the package was unveiled.
  • Obtain the latest business news, market insights, and economic updates wherever you prefer.
  • He remarked the administration could implement the scheme through company-owned petrol stations instead.

For context, the Pakistan Petroleum Dealers Association (PPDA) remarked its members would not sell petrol under the relief package until the administration agrees on a transparent and acceptable process for reimbursing the subsidy. Fuel Now Rs. 100 More Expensive in Pakistan Since July.

In practice, the government's scheme is aimed at providing Rs. 100 per litre relief on petrol to eligible motorcycle, rickshaw, Chingchi and small-car owners. It was scheduled to start nationwide on September 17.

PPDA Vice Chairman Tariq Hassan remarked there are around 14, 000 petroleum dealers nationwide and that they would not sell petrol under the relief package unless their worries are addressed. He remarked the administration could implement the scheme through company-owned petrol stations instead. Stay Connected with ProPakistani.

Obtain the latest business news, market insights, and economic updates wherever you prefer. Follow on Google Discover.

For now, govt Calls Emergency Meeting After Pumps Reject Fuel Subsidy remains the part of the story worth watching, and further updates are likely as more details are confirmed.

Leave a Reply

Your email address will not be published. Required fields are marked *