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PM Extends Fuel Subsidy to Shield Motorcyclists and Transporters
Key takeaways
- The move is aimed at preventing global oil shocks from spilling over into higher bus fares, freight charges, and food prices at home.
- According to a statement issued by the Prime Minister’s Office, the premier directed authorities to ensure that passenger fares and freight charges are not increased.
- Also read: Rs. 399 Per Liter: Petrol and Diesel Get Another Price Hike
Why this matters: an automotive development that could shape industry direction or buying decisions.
Prime Minister Shehbaz Sharif has extended the fuel subsidy for motorcyclists, public transport, and goods transport by another month, as the government tries to shield citizens from the impact of rising petroleum prices.
The move is aimed at preventing global oil shocks from spilling over into higher bus fares, freight charges, and food prices at home.
According to a statement issued by the Prime Minister’s Office, the premier directed authorities to ensure that passenger fares and freight charges are not increased. He also called for strict monitoring to ensure relief reaches deserving people directly.
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