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ECC approves Rs75bn for PM’s fuel relief scheme
The Economic Coordination Committee (ECC) of the Cabinet on Monday approved Rs75 billion as a Technical Supplementary Grant (TSG) for the implementation of Prime Minister Shehbaz Sharif’s fuel relief scheme for lower-income consumers. The ECC meeting, chaired by Finance Minister Muhammad Aurangzeb, approved the Petroleum Division’s proposal for targeted relief following the recent increase in petroleum prices. Under the scheme, two- and three-wheelers will receive Rs500 per week, equivalent to five litres at a subsidised rate of Rs100 per litre, while cars up to 800cc will receive Rs1,000 for ...
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