Pakistan offering competitive petrol prices to its consumers: Cheema

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enewspaper.com.pk/ Cheema

LAHORE (APP): Special Assistant to Prime Minister on Food Security Jamshed Iqbal Cheema said on Saturday the price of petrol in Pakistan was less almost in the world except for 24 oil-producing countries.

Addressing a press conference, he said that the per litre price of petrol in countries which import petrol was higher compared to the price of petrol in Pakistan.

He said the incumbent government was selling petrol at 67 cents while the average selling price of petrol during the PML-N government was 78 cents.

He further said that the PPP government had sold petrol around 80 to 90 cents during its tenure.

He said the Pakistan Tehreek-e-Insaf (PTI) was selling petrol at a low price and the same was the case with diesel.

Talking about the increase in the value of the dollar, the SAPM said that from 2019 till 2021 the value of the dollar had increased up to 36 per cent, whereas, during the government of PPP the value of the dollar increased up to 44 per cent.

Jamshed Iqbal Cheema while shedding light on the measures to control prices of essential items said that this year the present government was importing 4 million tonnes of wheat and 0.6 million tonnes of sugar.

He said it was expected that a yield of 100 million tonnes of sugar cane would be obtained this year due to which almost 9 million tonnes of sugar would be produced.

The SAPM said, “Our annual consumption of sugar is almost 6.4 million tonnes.”

He further said the government wanted to keep four-month storage of all 15 big essential items so that instability in prices could be avoided.

As many as 40,000 tonnes of ‘Daal Chana’ and 40,000 tonnes of ‘Daal Moong’ would be procured and Rs 10 billion had been allocated for the purchase of pulses, he maintained.

He said that people would be facilitated through utility stores and sasta bazaars.

Jamshed Cheema said that focus was being given to promote promising crops in the country.

He further said the government wanted to reduce the margin between wholesalers and
retailers.

He said that if the margin would be more than 20 per cent in that case chief secretary
of that province and deputy commissioner of the relevant city would be answerable.

The focus was being given on increasing the production of crops, he said, adding that
targeted subsidy would be provided to facilitate maximum deserving people.

He said that wheat would be released from coming Monday, adding that sugar
would arrive in the country in two to three days and the Punjab government would
supply it to other provinces.
The number of utility stores was being increased from 4,500 to 10,000, he added.

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