Govt rolls out targeted fuel subsidies to ease petrol price shock

April 03, 2026 (MLN): In a relief-focused move aimed at cushioning the impact of the recent petrol price increase, the government has introduced targeted fuel subsidies, including Rs100 per litre for motorcycle users on up to 20 litres per month, Rs70,000 monthly support for truck operators, and Rs100,000 per month for public buses.

At a joint press conference, Finance Minister Muhammad Aurangzeb said the government is shifting away from blanket subsidies toward a more targeted approach to ensure relief reaches those most in need.

He noted that the measures were finalized after weeks of review and consultations with national leadership, including Prime Minister Shehbaz Sharif, and provincial governments.

Motorcycle users, many of whom rely on bikes for daily commuting, will benefit from subsidized petrol for three months.

Meanwhile, truck operators vital to the country’s supply chain will receive fixed monthly diesel support to offset operational costs.

Public transport buses will also receive financial assistance to help prevent fare hikes, while railway services are set to be subsidized to keep ticket prices stable.

Petroleum Minister Ali Parvez Malik said the initiative is part of broader efforts to manage the energy crisis and reduce its impact on essential sectors, urging citizens to conserve energy during this period of economic strain.

The measures come alongside a sharp increase in fuel prices, which officials described as unavoidable due to global market pressures and existing commitments.

Copyright Mettis Link News