Prime Minister Muhammad Shahbaz Sharif has announced that petroleum product prices will not be increased this time, keeping the promise made to the public, despite further rises in the global oil market. He stated that the decision aims to reduce the burden on the public, and that the government will provide relief to citizens as much as possible under these difficult circumstances.
He noted that regional tensions are putting pressure on the global economy, which could have serious repercussions for Pakistan’s economy. Shahbaz Sharif added that timely policy measures, government savings initiatives, and fiscal discipline are helping manage the situation in the best possible manner.