Pakistan’s finance ministry said in a press conference in Islamabad that, those who want to get a petrol Subsidy on petroleum products should send an SMS to their identity card number 786.
They will be given a subsidy on petroleum products. There are no SMS charges on 786. you can send their SMS free of cost.
Announcing this, Finance Minister Miftah Ismail said that this subsidy is for those, who are receiving assistance under Benazir Income Support Program.
The finance ministry added that it would provide subsidies to about 14 million people, including 7.3 million people, who are working under the Benazir Income Support Program and receiving assistance. There are more and they will be given a subsidy on petroleum products at Rs 2,000.
He further said that the remaining 6.7 million would be subsidized on petroleum products to those,who would send an SMS to their identity card number 786 and their eligibility would be ascertained, whether their monthly Income was less than 40,000.
He further said that the government of Pakistan has borne the burden of Rs 28 billion. And will subsidize 28 billion petroleum products that will qualify.
The Finance Ministry further said that cheap diesel will be given to the poor. So that they can live their lives easier. And don’t go for less than your full potential.
Petrol prices have gone high
Over the last few days, the price of petroleum products in Pakistan has increased. This increase has gone up to around Rs.
There has been a storm of inflation in which every poor person is very worried. Because of this storm which is why the government has decided to give relief to the people keeping this in mind.
Finance Minister Muftah Ismail also said, that the reason for the increase in petroleum products was to get a loan from the IMF. And then the power will be increased so that it can easily lend to the IMF