Prime Minister Muhammad Shahbaz Sharif chairs a meeting to review the country’s economic situation in the context of the recent global petrol crisis and Iran war.
A briefing was given in the meeting on the recent global tensions and their economic impact on the region. The Prime Minister’s directive to formulate a plan of action based on economic development, austerity and savings.
The Prime Minister’s directive to formulate a plan of action based on austerity and savings in view of the current global economic pressure due to the crisis. The Prime Minister’s committee was instructed to present actionable proposals in this regard within the next 48 hours.
The plan of action should not only minimize the burden on the people but also give top priority to public relief. The Prime Minister was briefed by the active committee in this regard.
The Prime Minister had formed a committee to review the global economic impact of the recent global tensions since last week, which was working on a plan of action in this regard, due to which there was no shortage of petroleum products in the country.
Yesterday, the price of petroleum products was increased on the recommendation of the committee, in which the minimum burden of the global increase was transferred to the consumers.
The Prime Minister directed the committee to work more actively and present easy and workable recommendations for its people as soon as possible.
Any petrol pump or company found involved in creating artificial shortages or hoarding should be closed immediately and its license should be canceled, and legal action should be taken. Prime Minister’s clear instructions
The Prime Minister directed the finance minister and the petroleum minister to visit the four provinces and prepare a plan and action plan with the provincial governments regarding saving petroleum products and their uninterrupted supply to the people.
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