Save Our Pak
Islamabad: The government has made an important decision to avoid increasing petrol prices. Instead of raising fuel rates, it plans to cut 100 billion rupees from the development budget. This step is expected to bring relief to the public.
According to details, the federal government is trying to stop a possible increase in petrol and diesel prices. To manage this situation, officials have suggested reducing the development budget for the current financial year.
Sources say the government is considering keeping petrol and diesel prices unchanged. Earlier, there was a proposal to increase petrol by 55 rupees per liter and diesel by 75 rupees per liter. However, this plan is now being reviewed, and an increase may not happen.
To control the financial deficit, the development budget may be reduced from 1000 billion rupees to 900 billion rupees. The government also plans to cut up to 10% funding from ongoing development projects.
The saved 100 billion rupees will likely be used for emergency relief and public welfare programs. This move aims to reduce the financial burden on fuel prices and protect people from further inflation.
Sources added that although the government had earlier thought about increasing fuel prices, it is now giving priority to budget cuts instead. This decision could help control rising inflation and keep the country’s financial situation stable.
Reported by Save Our Pak
