Friday, July 5, 2024

PM announces relief in petroleum products, electricity prices

Must Read

Prime Minister Imran Khan, while addressing the nation on Monday, announced the slashing of prices of petrol and diesel along with a reduction in electricity tariff till the release of the upcoming federal budget.

As per PM’s announcement, prices of petrol and diesel will be reduced by Rs.10 per liter and electricity by Rs.5 per unit.

“In order to provide relief to the people, I want to announce that instead of increasing the price of petrol and diesel we are reducing it by Rs10 per liter,” he said.

The prices would not be increased until the next federal budget, which is scheduled in June 2022, announced the PM.

PM Imran Khan elaborated that since Pakistan imports petrol thus there is nothing the government could do when the prices increase in the international market.

He shared the details of petrol prices in other countries saying “in Pakistan, the price of petrol is still the lowest in the world.”
The prices mentioned by the premier are given below:

  • The price of petrol is Rs160 per liter in Pakistan
  • The price of petrol in India is Rs260
  • In Bangladesh, the price of petrol is Rs.185
  • The price of petrol in Turkey is 200

“If the government stops providing subsidies worth Rs70 billion, every worth then the price of petrol in Pakistan would have been Rs220 per liter,” PM Imran Khan said.

Scholarships and Internships announced by PM:

In terms of scholarships and internships, PM announced the following endowments in his address;

  • 30,000 rupees per month internship to all jobless graduates
  • 26,000 scholarships, costing 38 billion rupees will be provided to students

Sehat Sahulat program:

Talking about the government’s Sehat Sahulat program, Imran Khan said residents of Punjab will get health cards by the end of the next month. He said the limit of the Ehsas Cash Program has been increased from 12,000 rupees to 14,000 rupees.

Latest

Storms cause flooding in Switzerland, Italy and France as wildfires rage in Turkey and Greece

Extreme weather across Europe has caused four deaths in storms in Switzerland and northern Italy, while wildfires have forced evacuations in Greece and Turkey.

More Articles Like This