Muhammad Aurangzeb, the Federal Minister for Finance, has announced a targeted subsidy program for petroleum products.

petrol price

He stated that motorcycle riders will receive a subsidy of Rs. 100 on 20 liters of petrol per month. The subsidy will be provided for a duration of three months.

The Finance Minister further said that small farmers will be given a one-time subsidy of Rs. 1,500 per acre, while freight vehicles will receive a subsidy of Rs. 100 per liter.

He also announced a monthly subsidy of Rs. 70,000 for trucks and Rs. 80,000 for larger vehicles.

Passenger buses will be provided a monthly subsidy of Rs. 100,000.

Muhammad Aurangzeb added that the subsidy decision will be reviewed next month, and the federal government will also extend subsidies to Pakistan Railways.

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