The government is aiming to alleviate the burden of high inflation on the general public and has proposed a substantial subsidy on petrol for individuals who own 800CC cars or motorbikes.
The relevant authorities have completed their analysis, and the scheme is expected to be finalized within the next six weeks.
State Minister for Petroleum Musadik Malik shared the government’s plan to offer petrol at subsidized rates. The minister also reassured that the initiative would not impact the
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International Monetary Fund (IMF) program since the subsidy would be cross-subsidized, with the wealthy being charged more to provide relief to the underprivileged.