Shehbaz Sharif on Sunday assured that Pakistan has sufficient petroleum reserves to meet domestic demand, as the government intensifies efforts to manage the impact of global energy volatility.
Welfare and Investment Leaders Meet to Discuss Social Development Initiatives
Chairing a high-level meeting on fuel conservation and austerity, the prime minister said public relief remains the government’s top priority amid ongoing global tensions. He noted that relief measures have been extended over the past three weeks to shield citizens from rising international oil prices.
Shehbaz Sharif revealed that the federal government has allocated Rs125 billion through savings and cuts in the development budget to support these relief efforts. He emphasized that the objective is to protect the public from the direct economic fallout of the global crisis.
Participants of the meeting urged citizens to support the national conservation drive by limiting unnecessary travel and adopting teleconferencing in offices and workplaces to reduce fuel consumption.
The prime minister also directed provincial authorities to facilitate motorcycle and rickshaw owners in registering their vehicles in their own names. He further ordered the digitisation of data for motorcycles and rickshaws across the country to ensure that owners can benefit from future government relief initiatives.
Additionally, he instructed relevant departments to accelerate coordination with chief secretaries of all four provinces, as well as Azad Jammu and Kashmir and Gilgit-Baltistan, to ensure effective implementation of the measures.
