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Pakistan may revive austerity as petrol hits PKR 375.82
The Hindu··15 Sept
Pakistan is reviewing earlier austerity steps as West Asia hostilities push oil prices, Information Minister Ataullah Tarar said on Monday. Measures from March 9 included a 50 percent cut in official fuel allowances before they were withdrawn in June. Petrol now costs PKR 375.82 per litre and high-speed diesel PKR 403.32. Prime Minister Shehbaz Sharif ordered consultations on which rules.
Prism
What It Means For You
- Public sector workers could see renewed salary cuts or fuel allowance limits if ministers revive March rules.
- Motorists already receive Rs 100 per litre relief on motorcycles, rickshaws and up to 800cc cars.
- Sharif told Deputy PM Ishaq Dar to keep transport fares stable after the relief scheme.
What's Happening
- Tarar spoke with IT Minister Shaza Fatima Khawaja and Petroleum Minister Ali Pervaiz Malik.
- Some reduced market timings remain in place, he said.
- The March package followed US-Iran war peaks; a brief peace lull later failed.
Fuel politics in Pakistan
- The government announced the relief for small-engine vehicles separately.
- Austerity had included lawmaker salary cuts and partial work-from-home rules.
- Published reports carried the Monday briefing in Islamabad.
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