Shehbaz Sharif, the prime minister of Pakistan, made the decision to transparently distribute to the populace the full benefits of the falling price of oil on the world market. He gave the orders while presiding over a meeting on fuel costs, noting that the people had gone through a trying time and now had a right to receive complete relief.
The government would make every effort to provide relief to the people who suffered greatly as a result of the former administration’s inflation. From July 16, the new costs are most likely to take effect.
According to Finance Minister Miftah Ismail, the summary to lower gasoline prices will be forwarded to Prime Minister Shehbaz Sharif on Wednesday for any necessary action. Speaking to a private television network, he claimed that the Prime Minister had ordered a decrease in petroleum prices to help the public.
According to Miftah Ismail, the Prime Minister earnestly wants to immediately distribute to the populace the advantages of the low price of petroleum on the world market.
I have ordered Ministries of Petroleum & Finance to pass on the reduction in the prices of POL products in the international market to people. They have faced economic difficulties & the relief is their right. With Allah's grace, we will continue to bring ease in their lives, IA.
— Shehbaz Sharif (@CMShehbaz) July 12, 2022