Finance Minister Ishaq Dar vowed on Saturday to provide maximum relief to the masses in the coming weeks, saying that despite challenges, he passed on relief to the people by lowering fuel prices.
During a press conference with other PML-N leaders, the finance minister slammed the PTI government’s economic performance and vowed to undo the damage done to the economy by the previous administration.
“We reduced petroleum prices last night and making all-out efforts to provide more relief to common people, Ishaq Dar said, adding that PML-N led coalition government saved the country from default and now currency has also started to improve.
“During the last five days an improvement has been witnessed in the country’s economic indicators including the appreciation of a rupee,” the finance minister said.
He further pledged to steer the country out of the mammoth challenges. “Prime Minister Shehbaz Sharif is making best efforts to tackle the challenges in an effective manner.”
It is worth noting that the federal government announced yesterday that the price of petrol will be reduced by Rs12.63 per litre, while the price of high-speed diesel will be reduced by Rs12.13 per litre. Ishaq Dar, the newly appointed Finance Minister, made the announcement.
For the next 15 days, the price of kerosene oil has been reduced by Rs10.19 per litre and that of light diesel by Rs10.17 per litre.
The news comes a day after a report stated that the federal government has decided to hold talks with the International Monetary Fund (IMF) to lower gasoline prices and other populist measures.
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