Mon, 6 May 2024
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PM Shehbaz Sharif announces Rs28b relief package for low-income people

28 May, 2022 14:06

Islamabad- Prime Minister Shehbaz Sharif has announced a new relief package worth twenty-eight billion rupees per month to lessen the impact of the increase in the prices of petroleum products on the low-income segment of society.

In a televised address to the nation, he said that under the relief package, fourteen million meritorious families will be incontinently handed two thousand rupees each, which will profit 85 million people or one-third of the total population. “ This fiscal backing is in addition to the support being formerly handed under Benazir Income Support Program. This fiscal backing will be included in the coming fiscal budget. ”
“ I’ve also directed Utility Stores Corporation to ensure the provision of 10- kilogram flour bags at 400 rupees across the country, ” he added.
The Prime Minister said that the last government blazoned a subvention on petroleum prices for its political benefits without keeping in view the precarious situation of the public bankroll, putting the nation into a severe profitable extremity. “ The last government added a huge burden of over billion rupees loan, which forms eighty percent of the total loan acquired over the once 71 times. The budget deficiency for the current financial time is also estimated to be 5600 billion rupees, which is the country’s loftiest deficiency. ”
Drawing a comparison with the last PTI government, Shehbaz Sharif said that former Prime Minister Nawaz Sharif had added megawatts of electricity, spread a net of roads across the country handed the stylish public transport, and kept affectation at the ever-smallest position. “ People have to suffer from prolonged power outages because power shops of 7500 megawatts weren’t functional and the last government had committed felonious negligence by not importing energy. Power shops were also not duly maintained. ”
Pertaining to the foreign policy, Shehbaz Sharif said that the last four times also proved destructive for foreign policy with the deterioration of relations with friendly countries, who always stood by Pakistan in a delicate times. Still, he said, the process of restoration of bilateral ties has begun.
He reiterated Pakistan’s station that for durable peace in South Asia, it’s India’s responsibility to undo its unilateral and illegal way of August 5, 2019, about Indian Immorally Enthralled Jammu and Kashmir so that meaningful addresses could be initiated for the resolution of Kashmir and other outstanding issues.
Shehbaz Sharif invited all the political forces to join hands to make Pakistan on the pattern where difference of opinion is ate; rights of women and nonages are defended, and sloggers and growers come prosper.

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