Shehbaz Sharif has extended the fuel subsidy for motorcyclists and public and goods transport for another month, according to an official statement from the Prime Minister’s Office. The decision comes as global oil prices remain unstable due to ongoing regional tensions.
The subsidy is mainly aimed at helping low-income groups who rely on motorcycles and public transport for daily travel. It also supports goods transporters who play a key role in moving essential items across the country. By reducing fuel costs, the government hopes to control transport fares and limit the rise in prices of daily goods.
Pakistan depends heavily on imported fuel, so any increase in international oil prices directly affects local markets. In recent months, global oil rates have seen fluctuations due to geopolitical issues, putting extra pressure on countries like Pakistan.
The government has also ordered strict monitoring of transport fares to ensure that the benefit of the subsidy reaches the public. Transporters have been clearly instructed not to increase fares during this period.
Officials say this step is part of ongoing efforts to reduce the financial burden on citizens and keep inflation under control in the short term.
