Govt pledges economic stability, fuel relief
MG News | March 18, 2026 at 10:01 AM GMT+05:00
March 18, 2026 (MLN): Prime Minister Muhammad Shehbaz Sharif reaffirmed that economic stability and timely relief for citizens remain the government’s top priorities.
He emphasized that all necessary measures are being
implemented to ensure both immediate support and long-term economic resilience
in light of ongoing global uncertainties.
Chairing a high-level review meeting, the prime minister
focused on austerity measures, relief initiatives, and effective management
of petroleum reserves to mitigate the impact of emerging regional
challenges.
During the session, PM Shehbaz Sharif instructed petroleum
distribution companies to maintain transparency and ensure the sale of fuel
at government-fixed prices, the PM Office Media Wing reported.
The meeting included key government officials, including
Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar, Finance Minister
Muhammad Aurangzeb, Minister for Economic Affairs Ahad Khan Cheema, Minister
for Petroleum Ali Pervaiz Malik, and Minister of State for Finance Bilal Azhar
Kayani.
Also present were Minister for Information and Broadcasting
Attaullah Tarar and Minister for IT Shaza Fatima Khawaja, according to MOIB.
Highlighting the country’s preparedness, the prime minister
noted that adequate petroleum supplies are available despite volatile
global markets.
He added that timely policy decisions by the government have
ensured uninterrupted availability of fuel for consumers.
Further, the prime minister confirmed that national
austerity and savings measures are already in place, with additional
initiatives under review.
To strengthen accountability, directives have been issued
for a third-party audit to monitor the implementation of these measures.
Officials also briefed PM Shehbaz Sharif on current oil reserves, ongoing petroleum imports, and public relief measures.
Additionally, the government has enhanced the Pak App, allowing consumers to report issues related to fuel availability or pricing to guarantee continuous and fair access to petroleum products.
This proactive approach underscores the government’s
commitment to shield the public from global economic fluctuations while
maintaining price stability and fuel security across the country.
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